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Bixley
Oct 5, 2022 5:58 PM

REG - Large Symmetrical Triangle 

Regency Centers CorporationNASDAQ

Description

Weekly chart for REG
A large symmetrical triangle is evident
Within this triangle a channel can be drawn around an inverted H&S pattern
This H&S structure is poised to form its right shoulder, which is a bullish part of the pattern
This formation will ultimately lead to the breakout of the larger symmetrical triangle aswell
Bullish price action plotted with bars pattern in green



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