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Descending Triangle
Invesco QQQ Trust, Series 1
Descending Triangle
By lauralea
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Nov 6, 2023
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Nov 6, 2023
Top line is resistance and slopes down. Bottom line is support.
Neutral pattern until broken with conviction.
Price has broken support a while back and recovered. Price is now inside the triangle and at the resistance line today.
No recommendation.
Chart Patterns
lauralea
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