After the recent run up from 28s we formed a flag pattern. It can be expected that after breaking out of a flag pattern we should see another leg up with the same length as the previous flag pole. Such an equal measured move puts us at a price target to sell at 32.89 which is near the year high at 33 that also acts as resistance.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.