Long
Strong horizontal support after breakout
As predicted by others a very nice pattern has formed initiated by a breakout.
Two bullsih variants that depend on how strong the 1. support (dashed green line) is.
1. variant:
Entry level ater confirmation at weak support level ~$23 / Target price ~ $29 / Stop loss ~ $21
2. variant:
Entry level ater confirmation at strong support level ~$21.5 / Target price ~ $29 / Stop loss ~ $21
Also supported by moving average weighted.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
Two bullsih variants that depend on how strong the 1. support (dashed green line) is.
1. variant:
Entry level ater confirmation at weak support level ~$23 / Target price ~ $29 / Stop loss ~ $21
2. variant:
Entry level ater confirmation at strong support level ~$21.5 / Target price ~ $29 / Stop loss ~ $21
Also supported by moving average weighted.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
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