Price is below a Below a Descending TriangleTriangles are still just triangles be it a Descending, Ascending or a Symmetrical triangle.
Neutral until broken.
All 3 triangles are neutral and can break either way like flags and pennants.
In reality, I guess structures/patterns can morph and can do what folks jump in to trade it in bulk. Then the triangle breaks.
We learn from each other here, or at least I do.
The most recent bottom is 113.86. I like this stock but I do not think this company headquarters is in the US which equals 0 dividend.
I like GLOB which is on same boat as TEAM lacking a dividend since it is not based in this country.
I am watching TEAM and this may not be the bottom. Sometimes I have no clues and the market has been a bit dizzy.
This may make a lower bottom/earnings miss and no dividend, or not at least for USA investors since it is not based in this country meaning no dividend in this country as a rule.
No recommendation.
Short interest is around 2.56%
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its products include Jira Software and Jira Work Management, a workflow management system for teams to plan, track, collaborate, and manage work, and projects; Jira Service Management, a service desk product for creating and managing service experiences for various service team providers, including IT, legal, and HR teams; Jira Align for enterprise organizations to build and manage a master plan that maps strategic projects to the various work streams required to deliver them; and Opsgenie, an incident management tool that enables IT teams to plan for and respond to service disruptions. The company also provides Confluence, a social and flexible content collaboration platform used to create, share, organize, and discuss projects; and Trello, a collaboration and organization product that captures and adds structure to fluid, fast-forming work for teams. In addition, it offers Bitbucket, a code management and collaboration product for teams using distributed version control systems; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product used, including Jira, Jira Service Management, Confluence, Trello, and Bitbucket; and various other products, such as Atlassian cloud apps, Bamboo, Crowd, Crucible, Fisheye, Halp, Sourcetree, and Statuspage. Atlassian Corporation was founded in 2002 and is headquartered in Sydney, Australia.
