Tracking ichimoku, so far were in a rising wedge short term; triple bottom long term. Looks like we can be seeing break out of the first triangle if the MAs crossover (blue crosses red).
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Zoomed. I charted both a rising wedge an an ascending triangle. Well see soon enough which one it is.
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Daily Chart with Ichimoku on.
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Wedge confirmed.
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PPO signal and RSI added so we can track those too. They are still holding support after this drop. Good sign so far.
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You can call it a rising wedge, or a rising bullish price channel. Looking more like a channel than a wedge after that dip. Turned a bearish signal to a bullish signal, pretty ironic after a dip isnt it?
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No ones perfect.
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Last one for the day.