ALLE Breakout Watch - Bull Flag

Allegion plcNYSE

Description

⋅ Mar 11, 2021 4:03 AM

ALLE respected the resistance twice. A strong move through or over the resistance can start an uptrend.
A great entry would be a little above the resistance with a stop loss under support.

Comment

⋅ Mar 11, 2021 4:43 AM

This is a pennant not a bull flag...

Flag Trend Analysis