Technical Setup: 
COMP has shown lower highs and higher lows, forming a classic symmetrical triangle, suggesting potential for either a continuation of the current trend or a reversal.
Key Levels to Watch: Watch for a breakout above the upper trendline for a potential bullish move or a breakdown below the lower trendline for a bearish scenario.
Volatility Note: Low volatility is typical in symmetrical triangles; expect an increase in volume and price movement around earnings. Earnings reports are coming up on Wednesday, October 30th.
COMP has shown lower highs and higher lows, forming a classic symmetrical triangle, suggesting potential for either a continuation of the current trend or a reversal.Key Levels to Watch: Watch for a breakout above the upper trendline for a potential bullish move or a breakdown below the lower trendline for a bearish scenario.
Volatility Note: Low volatility is typical in symmetrical triangles; expect an increase in volume and price movement around earnings. Earnings reports are coming up on Wednesday, October 30th.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.