Thoughts on #S
$S is forming a descending triangle and is currently trading near the triangle base. This is an interesting area for a potential long.
As long as $S holds the triangle base, the setup remains
constructive and a bounce toward the upper trendline could be on the cards. A clean hold here and $S could make a strong move higher.
$S is forming a descending triangle and is currently trading near the triangle base. This is an interesting area for a potential long.
As long as $S holds the triangle base, the setup remains
constructive and a bounce toward the upper trendline could be on the cards. A clean hold here and $S could make a strong move higher.
