MODERN TIMES GROUP MTG AB SER. BAggiornato

Emerging pattern

This stock had been consolidating after a drop during earning releases but their consensus is still over 360-380 swedish crowns. It's looking like now it has formed a bull flag and should soon trade over 340 if the pattern completes.

Nota

I was expecting it to go sideways for a few more days but right the next day after posting this idea it gapped up.

This is not over though, it's currently forming a pennant

so I expect it to gap up again this week.

cgeorges

Anche su:

cgeorges

Anche su:

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.