$INDI had a Head & Shoulders Pattern in the past which it obeyed successfully. Now we are in the end of a Bullish Pennant pattern. I hope it fires up soon. Analyst targets on it are: - $14 - $18 I have 1000 shares @9.51
Hello everyone I am new to charting, so you are more than welcome to point out any mistakes. What I see is that it has a Bullish Pennant that resulted in a breakout to a much higher price. After that there is a downtrend which we are currently in.