Vrsn has struggled for quite a hile. It seems to have broken up from the S triangle.
VRSN seemed to be cruising along but was in a bearish rising wedge/fell out and seems to have recovered.
Not a recommendation
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. It is usually a continuation pattern but can break either way/up or down.
A rising narrowing wedge is usually a reversal pattern at the top. The lines both slope up and convers, narrowing at the apex.
VRSN seemed to be cruising along but was in a bearish rising wedge/fell out and seems to have recovered.
Not a recommendation
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. It is usually a continuation pattern but can break either way/up or down.
A rising narrowing wedge is usually a reversal pattern at the top. The lines both slope up and convers, narrowing at the apex.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.