RDDT Rising Megaphone Bullish Thesis

١ ديسمبر

Summary: Ascending Megaphone Pattern displaying higher highs and higher lows, with a steeper resistance trendline. As you can see, this pattern showcases increasing volatility as the trendlines are diverging over time which intuitively makes sense as this is a recently IPO'ed company and buyers and sellers are battling heavily to figure out the fair value.