NPN - Triangle breakout within parallel channel

22 באוק׳ 2020

NPN has broken out of the bottom of a triangle pattern, moving in a downward direction. Along with this, it has been trading within a parallel channel since mid-July and it has bounced off the top of the channel which could serve as confirmation for a short position. If it continues with this downward momentum, I will enter short with a target at the bottom of the channel.

5 בנוב׳ 2020

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