lauralea

Pull Back Fishing

NASDAQ:YY   JOYY Inc
Symmetrical triangle. Price is at the top trendline of the triangle which is resistance. The bottom trendline is support.

Neutral pattern until a trendline is broken with a trend in that direction. Price is pushed in to the nose of the triangle and price will eventually break one way or the other.
Similar to Bollinger band contraction. The bands are contracting but I forgot to put them on the chart )o: Price is being "squeezed" and will move up or down.

Earnings date is conflicting on the 3 sites I looked at and I can only be surmise that it is in March.

No recommendation.

The stock market is still less volatile than most romantic relationships (o:
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