Planet 13 Holdings is displaying a strong breakout of a Ascending Triangle.
Notice the difference in higher high creation on the RSI of this Ascending Triangle compared to the previous one in 2018 & early 2020 that played out bearishly.
I have colored the upward sloping support Blue on the previous ascending triangle, as opposed to Green on the current ascending triangle pattern breakout.
This chart is done on a log scale.
Notice the difference in higher high creation on the RSI of this Ascending Triangle compared to the previous one in 2018 & early 2020 that played out bearishly.
I have colored the upward sloping support Blue on the previous ascending triangle, as opposed to Green on the current ascending triangle pattern breakout.
This chart is done on a log scale.