Technical Setup: 
COMP has shown lower highs and higher lows, forming a classic symmetrical triangle, suggesting potential for either a continuation of the current trend or a reversal.
Key Levels to Watch: Watch for a breakout above the upper trendline for a potential bullish move or a breakdown below the lower trendline for a bearish scenario.
Volatility Note: Low volatility is typical in symmetrical triangles; expect an increase in volume and price movement around earnings. Earnings reports are coming up on Wednesday, October 30th.
COMP has shown lower highs and higher lows, forming a classic symmetrical triangle, suggesting potential for either a continuation of the current trend or a reversal.Key Levels to Watch: Watch for a breakout above the upper trendline for a potential bullish move or a breakdown below the lower trendline for a bearish scenario.
Volatility Note: Low volatility is typical in symmetrical triangles; expect an increase in volume and price movement around earnings. Earnings reports are coming up on Wednesday, October 30th.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.