MTTR: WILL THE TRIANGLE BREAK TO THE DOWNSIDE OR UPSIDE?
MTTR:
I see a potential bull flag, and a symmetrical triangle within the bull flag which allows for a good entry to whichever direction it decides to break. If the sym. triangle breaks higher, target the 1:1 fib extension at 17.69, if it breaks lower, target bottom of channel at $13.30, either way you can book profit from the wide swings.
I see a potential bull flag, and a symmetrical triangle within the bull flag which allows for a good entry to whichever direction it decides to break. If the sym. triangle breaks higher, target the 1:1 fib extension at 17.69, if it breaks lower, target bottom of channel at $13.30, either way you can book profit from the wide swings.