DESCENDING TRIANGLE
All triangles are neutral until broken.
This one has broken to the downside.
Perhaps they think folks will not be installing pools in their back yard or will start cleaning them on their own?
I have one and I would compare it to a boat. A hole with water that I pour money in to )o:
No recommendation.
Possible bounce as price is below the bands set on 80.
I have a chart in my stack from a while back on POOL. Targets 1, 2 and 3 have been met.
This one has broken to the downside.
Perhaps they think folks will not be installing pools in their back yard or will start cleaning them on their own?
I have one and I would compare it to a boat. A hole with water that I pour money in to )o:
No recommendation.
Possible bounce as price is below the bands set on 80.
I have a chart in my stack from a while back on POOL. Targets 1, 2 and 3 have been met.
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