Tue, 19 Jul 2022 11:39:05 GMT
US Tech stocks reveal triangle pattern
Since mid-June, the US tech stock index has recovered from the 11,000.00 mark. However, resistance is being found in the 12,120.00/12,225.00 zone. In the meantime, the higher and higher low levels can be connected to review a supporting trend line. Combining the zone and the trend line, one can observe an ascending triangle pattern. Namely, pressure is building up