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ADTN: Broadening Top, right-angled and descending

Long
ADTRAN Holdings, Inc. (NASDAQ:ADTN)  
inocelda  
NASDAQ:ADTN   ADTRAN Holdings, Inc.
ADTN broadening-top Descending Broadening Wedge
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adtn broadening-top descendingbroadeningwedge
ADTN
Breakout has not occured yet but for upward breakout, target price is 17.31 and downward breakout's target price is 12.44. Currently, it looks to be best setup for an upward breakout. Swing traders can short now if they want the intraformation trade and buy when it shows the reversal.

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