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snour
Jan 8, 2024 2:19 AM

AMOC to target 14.4 after crossing resistance Long

ALEXANDRIA MINERAL OILS COMPANYEGX

Description

Daily chart, AMOC is trading in a descending channel, and it seems a chart pattern will be formed - a flag / inside a triangle.
After crossing the resistance (at 10.35 - 10.4), the target will be 12 and 12.6 , then some correction may happen at 12.6 before reaching the target 14.4

Stop loss below 9.6 to be considered.







Trade active

The chart pattern has been completed..
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