This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex.
It differs from triangle as both trendlines slope up.
It is most often bearish at the top
NV has slacked off
But short interest is decreasing so perhaps recovering and found support
Just an observation
It differs from triangle as both trendlines slope up.
It is most often bearish at the top
NV has slacked off
But short interest is decreasing so perhaps recovering and found support
Just an observation
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