Ascending Triangle is a continuation (bullish) pattern.
Odds for this pattern is for the stock to break to the upside eventually. Long between 2.30-2.35 with a stop a few ticks below the lower triangle line @ 2.27. A break up is confirmed only when it CLOSES above 2.41.
Let's see if this trade will work out!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Odds for this pattern is for the stock to break to the upside eventually. Long between 2.30-2.35 with a stop a few ticks below the lower triangle line @ 2.27. A break up is confirmed only when it CLOSES above 2.41.
Let's see if this trade will work out!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Nota
finally broke up though it took longer than I expected!
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.