Screener of PennyStock Bearish Triangle Symmetrical Top
AI Pattern Search Engine (PSE) V2

Operating the Pattern Search Engine is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Pattern Types and Stats



Triangle Symmetrical Top

Triangle Symmetrical Top pattern

The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. The price is expected to move up or down past the triangle depending on which line is broken first.

This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout). The price movement inside the triangle should fill the shape with some uniformity, without leaving large blank areas.

Trade Idea

If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling a security short or buying a put option at the downward breakout price level. To identify an exit, subtract the pattern height from the breakout level to compute the target price. The pattern height is the difference between the highest high and lowest low.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.

Triangle Symmetrical Top (Bearish)
TAOP Taoping Inc.
PennyStock
ODDS FOR THIS TICKER: 90%
Jan 8
N/A
81%
42%
Triangle Symmetrical Top (Bearish)
HX Xiaobai Maimai Inc - ADR
PennyStock
ODDS FOR THIS TICKER: 90%
Jan 20
Feb 25
87%
34%
Triangle Symmetrical Top (Bearish)
OSG Overseas Shipholding Group,Inc. - Ordinary Shares - Class A
PennyStock
ODDS FOR THIS TICKER: 62%
Aug 6
Aug 9
57%
7%
Triangle Symmetrical Top (Bearish)
TPST Tempest Therapeutics Inc
PennyStock
ODDS FOR THIS TICKER: 60%
Aug 19
N/A
69%
23%
Triangle Symmetrical Top (Bearish)
RELI Reliance Global Group Inc
PennyStock
ODDS FOR THIS TICKER: 56%
May 10
May 11
53%
48%