We are clearly in an up trend.
''in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks''
The volume is declining; "The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the breakout.''
what do you think. Leave a comment.
source: investopedia.com/terms/p/pennant.asp
''in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks''
The volume is declining; "The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the breakout.''
what do you think. Leave a comment.
source: investopedia.com/terms/p/pennant.asp
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.