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relpower2021
Jun 10, 2021 7:36 AM

Symmetrical Triangle on PICORP 

PROGRESSIVE IMPACT CORPORATIONMYX

Description

PICORP shows some sort like a symmetrical triangle or maybe a pennant or falling wedge chart pattern, depends on what timeframe you use. Volumes were rising during rally and diminishing/exhausting during dips shows re-accumulation activity occurs during this pattern formation. Expected the price will squeeze into the triangle formation with overall volume falling since the first day of break out before continue to break the pattern and start with the next rally.
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