TradingView
ScotianBot
Jan 18, 2021 6:49 AM

Ascending Triangle for BUZZ? Long

Description

It appears as though BUZZ is trading in a micro bullish flag outlined in light green inside of a Macro Ascending Triangle in dark blue.

On the RSI it's possible we've seen a double top and an H&S may be on the verge of forming; if so the bullish flag will be negated thus resulting in a descending triangle. If that happens the blue upward sloping support of the Ascending Triangle needs to hold to see a bullish longer term outcome.

On the KST there's been a bullish cross where I have the blue downward pointing finger.

Comments
MrLotus
Could also be a cup and handle forming, we would be in the handle now.
ScotianBot
@MrLotus, good eyes! Sometimes I need to search for different patterns, I need to get beyond my comfort zone when trading and learn to trade new patterns consistently. Thanks for the comment.
MrLotus
@ScotianBot, You're welcome, thanks for sharing your idea.
More