SYS | Parallel Channel VS Support Level

27 giu

There are two possible scenarios in SYS technical chart, either it follows parallel channel or pull back from its current support level.

11 lug

Nota

SYS facing resistance around 458

15 lug

Trade attivo

break out of parallel channel is observed, weekly closing must be above the channel for any bullish momentum.

18 lug

Nota

After the observed breakout on the SYS technical chart, a flag pattern appears to be forming. A breakout above its previous peak of 520 is required, with a projected flag target around 565.

4 nov

Trade attivo

Flag projection lies around 565