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inco1

$spg cup and handle forming

Long
Simon Property Group, Inc. (NYSE:SPG)  
inco1  
NYSE:SPG   Simon Property Group, Inc.
Support and Resistance Cup And Handle Multiple Time Frame Analysis SPG consolidation Bullish Patterns rangebound
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supportandresistance cupandhandle mtfa spg consolidation bullish rangebound
-higher time frame shows price breaking through 50 day moving average meeting resistance at previous support at 163.5x area
-mid time frame is showing bullish price action breaking out of resistance area of 162.2x but right away meet resistance at 163.5x
-looking for price to consolidate and pullback in a tight range bound consolidation for a big breakout with momentum completing the cup and handle pattern on the higher time frame
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