Aleafia is potentially trading in an Ascending Triangle.

AH is forming an Ascending Triangle or potentially a Bullish Flag , the dark green line is the base of either a bullish flag or descending triangle , the dark red line is clearly the downward sloping resistance of the pattern.

The dark blue upward sloping line of support has seen multiple bullish reactions upon being tested, I have placed three blue arrows to represent each time we've seen bullish price action upon the blue upward sloping line of support. The blue question mark is where I expect to see another bullish bounce keeping an Ascending Triangle & Bullish Flag intact.

Keep an eye on the divergence that will likely emerge on the RSI if another bounce happens in the price & a rejection comes into confluence with the previous two rejections on both the RSI & price.


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