Likely Breakout from Bull Flag/Pennant
Obvious bullish pennant has formed and is likely to breakout on volume from current levels towards 9.6k. Folllowing a brief consolidation, we should be pressing on towards 10.5k. Expecting strong resistance there as that level trapped a lot of bulls on the way down in Q1. StochRSI looks good on lower time frames as well.
TP1 = 9.6k
TP2 = 10.5k
SL = 8.9k
Onward and upwards.
TP1 = 9.6k
TP2 = 10.5k
SL = 8.9k
Onward and upwards.
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