SYM ready for the take off !
SYM has successfully retraced to the trendline of Pennant. After successfully forming Pennant, the stock has went into healthy consolidation and retraced to the levels and finally about to break the last LH around 10.90, which posed to be a significant resistance level.
Once SYM crosses 10.91, it will be poised to reach 16 soon after giving further confirmation by breaking the Pennant pole @ 11.90 level, potentially offering around ~50% upside on current levels.
Once SYM crosses 10.91, it will be poised to reach 16 soon after giving further confirmation by breaking the Pennant pole @ 11.90 level, potentially offering around ~50% upside on current levels.
Trade active
TP HIT !!!
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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.