Given the strong reversal signal of the double bottom at what looks like the end of a parallel channel you'd think an upwards break out is achievable but over the past week this has been denied around 3 times.. Only time will tell if the Bulls have enough Steam to to make another run.
Commento:
Todays support appears to have been the neckline so I expect to see one last breakout attempt.
Commento:
Currently showing neither a bullish or bearish pennant, middle of the flag pole... neutral sideways movement perhaps but currently bouncing off e for upwards trend