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Re: Brugee post# 425595

Monday, 08/21/2017 9:46:50 PM

Monday, August 21, 2017 9:46:50 PM

Post# of 796532
Pennants can go either way to be honest(as with all patterns) and they're not all that reliable. But if I had to pick a side, I would say that they lean towards continuation of the trend. They definitely indicate an upcoming breakout, however in real life you will see more failed breakouts which end up changing the pattern.

Overall, the technicals look better than they do worse at the moment in my opinion.