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LeLaf

MEI: Ascending triangle repeating itself

Long
Methode Electronics, Inc. (NYSE:MEI)  
LeLaf  
NYSE:MEI   Methode Electronics, Inc.
Chart Patterns
3
2
chartpattern
Ascending triangle on descending volume
Price stopped at 37.25$ resistance
Came back down to 30.59$ support.
May bounce on support and point North again.
PPS above 50MA
200MA pointing up
RSI at 50
ATR in upward motion

Very similar setup as 2019

Could see 39,83$ if it bounces back from support.
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