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lauralea
Oct 2, 2023 6:45 PM

DESCENDING TRIANGLE 

Deckers Outdoor CorporationNYSE

Description

Possible M pattern forming that could be a shark as peak 2 is higher than peak 1/slightly.
Price is being pushed in to a vacuum at the nose of the triangle. This will break one way or the other.
At the resistance line today.
All triangles are neutral until broken.

Prior Cup pattern.

Earnings 10-23.

Strong stock that does well at earnings as a rule.
Never say never.

No recommendation.
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