The descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend.
Descending Triangle: What It Is, What It Indicates, Examples
Decoding Triangle Formations in Trading
3 Charts For Investors to Watch Friday: Alphabet, Tesla, Altice USA
3 Charts For Investors to Watch Thursday: Warner Bros. Discovery, Micron, MCHI ETF
3 Charts For Investors to Watch Wednesday: Intuitive, BlackRock, US Natural Gas Fund
Berry's Stock Set to Rally Double Digits
Southwest (LUV) Looking for a Boost on Earnings
Descending Triangle: What It Is, What It Indicates, Examples
An 80% Rally for GDS Holdings Stock?