The_Cannalyst

Immaculate Bullish Flag!

Long
NYSE:AB   AllianceBernstein Holding L.P
26
The downtrend since may is history.
After the trendbreak, a flag as it could not be more beautiful was formed.
The upmove ended and consolidated till the 38,2 fibo in an almost "textbook manner".

Prices above 24.6$ will generate a longsignal--> TP 29,5$
Prices below will initiate the next consolidation-round
Comment: Flag Adjustment - AB reached the next action point - here a decision has to be made!
Comment: Attention please! Bearish Flag within the big flag!!!
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