Short interest is just above 5%.
Top line slopes down and bottom line slopes up = Symmetrical Triangle.
Triangle targets are calculated from the point of the break. A symmetrical triangle has 2 sloping lines so targets are difficult to guesstimate as there is no way to know where this will break.
Triangles are consolidation patterns.
No recommendation
Top line slopes down and bottom line slopes up = Symmetrical Triangle.
Triangle targets are calculated from the point of the break. A symmetrical triangle has 2 sloping lines so targets are difficult to guesstimate as there is no way to know where this will break.
Triangles are consolidation patterns.
No recommendation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.