Step 1: Ready to fall back to $27 - $28.
Step 2: HSH confirmation
Step 3: Breakout of triangle
Step 4: Fall back to triangle (now as support)
Step 5: In multiple fases toward $51
Feel free to comment on my thoughts.
Flow showing an upcoming S-H-S pattern into a triangle formation. When confirmed the new ATH is set for $48.
- Head confirmation (complete): $35-$36
- 2nd Shoulder (start): $26-$27.5
- Shoulder confirmation (end): $33-$34
Target when neckline holds: $48
This is my first published analysis. Feel free to add any comment. This analysis is for learning purposes only.
