Long
Updated

Possible Bull Flag if the Pennant is broken (PT $36-39)

If we break out of the triangle, we can expect the downside continuing until $20-18 (confluencing with the 100EMA and 0.382) and then a rebound to $36-39.

On the big picture we continue bullish on this stock.

Don't forget that our opinions could be biased by our experiences and feelings. Manage properly your risk. Not a financial advice.

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Note
Perfectly touched the lower channel of the bullish flag. Time to buy.
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