I originally thought and descending triangle but was premature in that call. This has now formed what looks to be a bull pennant. Please wait for confirmation on any and all trades. Keep any eye on the bull pennant forming. Bollinger bands are tightening and preparing for a move.
Kommentera:
Seems I was wrong on that one. I wasn't really convinced it was a bull pennant thus the ? but that was my best guess. whats interesting now is you can move the bottom line and make the case for an ascending triangle. Remember to always wait for confirmation.