Flag Formed on the Hourly.
Volume Dropped right off.
Breakout of the Flag on Volume would yield the Entire Pole Length from the Breakout Level.
Watch it bounce around the descending Channel that has formed the Flag.
Watch for increased Volume for an Upside Breakout.
Below is Major Support Drawn.
Volume Dropped right off.
Breakout of the Flag on Volume would yield the Entire Pole Length from the Breakout Level.
Watch it bounce around the descending Channel that has formed the Flag.
Watch for increased Volume for an Upside Breakout.
Below is Major Support Drawn.
Comment:
Expect Consolidation and Choppiness
Comment:
Notice the Hammer and the Big Red Candle on the Volume.
That Hammer has Pushed off a Lower Support Level.
That's Quite Bullish..
That Hammer has Pushed off a Lower Support Level.
That's Quite Bullish..
Comment:
It could Breakout here.. The Price actions is compressing into the Support Levels.
Comment:
Well That Escalated Quickly Target Met!