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froglegs42
Mar 19, 2022 10:14 PM

$YY Long - Ascending Triangle Long

JOYY Inc.NASDAQ

Description

An Ascending Triangle was confirmed by increasingly higher lows and constant highs within this pattern, This tells us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend. The pattern formed over 13 hours and 15 minutes, which is a rough guide for how long it might take to reach the target price of 48.75 - 52.0.
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