Bullish Continuation Diamond is a pattern consisting of broadening triangles and diminishing triangles. The formation of this pattern is generally due to adjustment after rises in the previous period. The price is likely to break through upward.
2.1 The pattern consists of broadening triangles and diminishing triangles
2.2 The price range is getting smaller and smaller, and then the direction of breakthrough will manifest.
2.3 The formation of this pattern has experienced a long period of pattern adjustment. When the stock price has recently broken through the trend line formed by connecting the tops of the diminishing triangles, it is likely to continue to rise in the future.
Risk Disclosure This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.