BRCM was in a steady downtrend when it traded into this bearish symmetrical triangle. Notice how the volume dropped off towards the completion of the pattern. That's a sign that temporarily it's an equal battle between the bulls and bears and neither one is willing to step up and place a bet as to the stock's future movement. Then the stock breaks support and volume ramps up as the stock continues its move down.
TEO formed a decent size symmetrical triangle within a steady downtrend. These patterns typically resolve themselves in the direction of the trend, and that's exactly what happened. Notice how volume dried up within the pattern and then surge after the stock broke down. That's exactly what you want to see.
Pretty pattern here. Not all bearish symmetrical triangles will setup this nicely. ALSC was in a downtrend...two higher lows formed support while one lower high formed resistance. Volume dropped off within the pattern and then surged after the break down. The stock did bounce around between 9 and 10 after the break down, but as a chart pattern trader, as long as the overall market is leaning weak, that action is nothing to worry about. Give the stock room to run its course.
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