NYSE:TDY   Teledyne Technologies Incorporated
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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS


🤝Let’s learn and grow together 🤝
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Hello Traders ✌

Good pattern at the all-time high of a stock that likes "trending" (see monthly chart). After a Rectangle consolidation around the 200 days EMA , prices are now attempting a breakout to resume the uptrend.

  • Pattern Class: 🌕🌕🌕🌕🌑
  • Target area: 525.00
  • Breakout area above: 480.00
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.

🔎🔎🔎 ALWAYS REMEBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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