sgzaman

$CFG - Daily & Weekly Chart Patterns

Long
sgzaman Updated   
NYSE:CFG   Citizens Financial Group, Inc.
#CFG Daily and Weekly Charts. It is creating higher lows and higher highs for a while absorbing the major supplies and forming a rounded bottom pattern. It is sitting above all the major moving averages denoting a strong uptrend is forming. The next supply zone is around 32 levels and we may see some reaction and a higher low before reaching the supply zone. We need to see how it reacts to the supply zone.
In the weekly chart, it made a breakout from a symmetrical triangle which confirms the daily chart pattern.
Trade active:
Made a strong breakout. Now at the supply zone.


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