TradingView
BreakoutTrader
6 déc. 2013 19:22

Shorts beware -> continuation pattern forming, breakout imminent Long

Description

Pandora is setting up for a symmetrical triangle. Trend lines converge 12/19. Breakout in either direction should occur when the pattern is 70% complete. To my knowledge, Pandora is still trading above it's 10WMA signaling breakout should follow the direction of the original trend. Additionally, with a high short float and 3.5 days to cover the risks to shorts due to a squeeze are significant.
Plus