Bixley

IEP Bullflag / Triangle

NASDAQ:IEP   Icahn Enterprises L.P.
IEP has formed this nice Triangle structure which could be classified in my opinion as a symmetrical triangle or as a bullflag if you include the run up before hand as I have in this example
The Gaussian Channel indicator shows indecision.
This will likely break out to the upside, as symmetrical triangles / bullflags normally do

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.