Had to re-read that, but for alls sake - can you clarify if you are calling a symmetrical triangle here or a descending triangle macs? My interpretation was symmetrical, and therefore the breakout to the up or down will determine if it is a bullish or bearish pennant. Therefore as I mentioned a chance that a bullish pennant (flagpole up) could be formed if this reverses in September - which seems possible given the news flow to come and FOMO that will hit some if something positive builds or gets released.
XPE Charts, page-7281
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