Bixley

ALL - Above Up Channel

NYSE:ALL   Allstate Corporation (The)
Price has poised itself within an expanding wedge above an up channel that it has successfully broken out of
This is a bullish sign
The breakout can be distinguished by looking at the previous rejections at the top of the green channel ( double top in red)
Bullish
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.