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Re: hopester post# 130312

Sunday, 11/22/2020 2:10:08 PM

Sunday, November 22, 2020 2:10:08 PM

Post# of 232561
The one thing that concerns me is that a flag formation is a short term pattern, usually lasting a maximum of 4 weeks. The flag formation I posted is 4 months long.
The longer term patterns are triangle formations and one could argue that we had a descending triangle formation. I hope not. But descending triangle formations are usually "continuation" patterns of an already descending formation. CYDY has been in an ascending formation for the past year.


https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:descending_triangle_continuation

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