In most cases, these patterns result in a reversal of the pattern. Here's what I'm seeing from LTC. I'm planning to sell in the yellow circle area and wait to see what happens from there. If it breaks and closes upward, I'll buy back into position depending on indicators, etc. If not, you can expect it to drop
to the 150 range. This drop
is measured by the beginning of the wedge
I'm new to TA and am using this as practice. If you are experienced and have any advice or suggestions, please let me know.