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Triple bottom
Broadening wedge bottom
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Bullish symmetrical triangle
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Bullish continuation diamond
Rounding bottom
Bullish continuation wedge
Broadening wedge top
Bearish continuation wedge
Bearish continuation triangle
Double top
Bearish symmetrical triangle
Bearish flag
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Bearish continuation diamond
Rounding top
Bullish continuation triangle
Moomoo pattern interpretation
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Rounding Top is a bearish pattern, which is formed by a long-term price consolidation at the bottom resulting in an inverted bowl-like pattern. The formation of this pattern means that the long-term sideways trading is about to end, and the stock price is likely to break through downward.
2.1 The pattern is usually formed when the stock price has been rising for a long period of time, and the buying and selling strengths reach an equilibrium, resulting in the stock price going sideways. The sellers' power may be strengthened in the future, forming an expected downward trend;
2.2 The fluctuations at the top of the arc are mild, but the duration is long;
2.3 Once the top of the arc breaks through downward, the stock price is likely to fall substantially.
Risk Disclosure This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.