Description
⋅ Today we will pay attention to ABMD.
Main items we can see:
a) The price has broken a Descending Trendline
b) Currently, the price is above a Relevant Area
c) We have a clear Flag Pattern; remember that Flat Patterns are considered continuation structures
d) We expect a bullish resolution towards TP1 and TP2
e) The resolution can take about 50 to 60 days
f) We will consider that the Analysis is Active if the price breaks above B