GTII is trading in a GIANT Descending Triangle.
It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward.
On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one direction or the other, whether it's a fake-out or not, 50%-75% through the pattern formation.
On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one direction or the other, whether it's a fake-out or not, 50%-75% through the pattern formation.
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