Top trendline is sloping down and bottom trendline is flattish so this may be a Descending triangle.
Triangles of any kind are neutral until a trendline is broken.
Earnings this morning and looks like they beat the numbers.
The alligator is tangled indicating a move up or down is on the horizon.
Long candle tail/shadow that broke the trendline today and found support. Price is back inside the triangle now.
No recommendation
Triangles of any kind are neutral until a trendline is broken.
Earnings this morning and looks like they beat the numbers.
The alligator is tangled indicating a move up or down is on the horizon.
Long candle tail/shadow that broke the trendline today and found support. Price is back inside the triangle now.
No recommendation
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