Descending Triangle, Confirmed
Pros
200MA descending
PPS below 50MA and 200MA
ATR descending, less volatility
Broke support with lots of volume
250RSI below 50
RS below 0 and falling
No support below the current level
Target price
If downtrend continues, could become fractionnal
Pros
200MA descending
PPS below 50MA and 200MA
ATR descending, less volatility
Broke support with lots of volume
250RSI below 50
RS below 0 and falling
No support below the current level
Target price
If downtrend continues, could become fractionnal
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