relpower2021

Symmetrical Triangle on PICORP

MYX:PICORP   PROGRESSIVE IMPACT CORPORATION
PICORP shows some sort like a symmetrical triangle or maybe a pennant or falling wedge chart pattern, depends on what timeframe you use. Volumes were rising during rally and diminishing/exhausting during dips shows re-accumulation activity occurs during this pattern formation. Expected the price will squeeze into the triangle formation with overall volume falling since the first day of break out before continue to break the pattern and start with the next rally.
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.