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Bixley
May 24, 2022 8:46 AM

IEP Bullflag / Triangle 

Icahn Enterprises L.P.NASDAQ

Description

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

Comments
TheKitchenTrader
Looks like a buy now.
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