Symmetrical triangle with ascending and descending lines with similar slopes. At 75% of the triangle we should see a breakout. Could go either way. With bullish breakout from triangle it could take us to a 24.30 test. Bearish breakout could take us to support at 21.45. I am expecting a bullish breakout due to the momentum of the company due to the "fortnite effect".
For the record, I am in high school and I am an amateur trader. I am just trying this out for the first time since I just recently read up on some different chart patterns such as triangles. Let me know what you guys think of this!
For the record, I am in high school and I am an amateur trader. I am just trying this out for the first time since I just recently read up on some different chart patterns such as triangles. Let me know what you guys think of this!