Screener of PennyStock Bullish Rectangle 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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$30/month afterwards

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



Rectangle Top

Rectangle Top pattern

The Rectangle Top pattern forms when the price of a security is stuck in a range bound motion. Two horizontal lines (top: 1, 3, 5) and (bottom: 2, 4) form the pattern as the security bounces up and down between support and resistance levels. Depending on who gives up first ­ buyers or sellers ­ the price can breakout in either direction.

This pattern is commonly associated with directionless markets. Usually the pattern performs better when there is a strong uptrend leading into the formation.

Trade idea

If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price level by adding the pattern height (which is the distance between the horizontal line (from top to bottom) and add it from the breakout price.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Rectangle Top (Bullish)
DALN DallasNews Corp
PennyStock
ODDS FOR THIS TICKER: 70%
Aug 16
Aug 27
63%
2%
Rectangle Top (Bullish)
ROIVW Roivant Sciences Ltd
PennyStock
ODDS FOR THIS TICKER: 69%
Aug 11
Aug 16
2%
0%
Rectangle Top (Bullish)
MACUW Mallard Acquisition Corp
PennyStock
ODDS FOR THIS TICKER: 66%
Aug 9
Aug 10
67%
7%
Rectangle Top (Bullish)
ASRV AmeriServ Financial
PennyStock
ODDS FOR THIS TICKER: 64%
Aug 3
Aug 4
48%
6%
Rectangle Top (Bullish)
ASRV AmeriServ Financial
PennyStock
ODDS FOR THIS TICKER: 64%
Jul 10
N/A
42%
6%