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lauralea
Sep 15, 2023 5:08 PM

Descending Triangle 

RHNYSE

Description

Top line slopes down, bottom line is virtually flat.

Fell on earnings.

Price has pierced bottom line.

No recommendation.
Comments
neatfreak301
Hi Laura, would you please have a look at the chart as I can't figure it oput, or let's say don't see where's the bottom. I would really appreciate it Laura. Thanks!!
matthias
I really enjoy your posts, @lauralea. You focus on patterns that actually work and ignore those noisy ones. Have you programmed a pattern detector yourself, or do you use a commercial one? If it's the latter, would you care to recommend it?
lauralea
@matthias, I just look at it and see it..no program. Sorry I can't recommend one.
basictradingtv

no idea...
wardaK
@basictradingtv, Can you see it reverse to upside?
lauralea
@wardaK, Next level of strong support is 236ish.
lauralea
@basictradingtv, me neither. (;
danieltouma
Where we are going now?😅
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