The stock is in uptrend since May 20 and after touching a high of 22.3 it has formed a descending triangle pattern. Currently trading at 19.15, at the verge of upside break out and RSI is also above 50 on both 1h and Daily chart. If the pattern is broken then we can see up move upto target1 22, target2 25.
Commento:
first target achieved, inching closed to second target
Trade chiuso: obiettivo raggiunto:
47% move in just 12 days