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The chart is a sideways triangle breakout to

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stocktrademan   Tuesday, 02/16/21 03:47:02 AM
Re: stocktrademan post# 4
Post # of 5 
The chart is a sideways triangle breakout to the upside. The bulls and bears fought as exhibited by the tapering pattern. The bulls ramp up, and the bears ramp down. Sideways horizontal lines are when they're equally fighting, non-committal, or not there. The bulls won by the breakout result. Hints that the bulls would win were made months ago with the long tail candlesticks. They showed demand was too much for supply repeatedly, mapping out a big money support level.


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