vf_investment

Carlyle Group Neutral Pattern

BATS:CG   The Carlyle Group Inc.
Carlyle Group stock was named to join the S&P MidCap 400, effective prior to the start of trading November 30. Therefore I expect breaking of this symmetrical triangle pattern soon. In case there is a bullish break out from here, price target is 53% rise in price. On the other side there is still big resistance in this area where we could see a rejection and possibly break to the downside. If this scenario happens, price target is 19.36$ which represents a 32% drop in price.

💥 Free signals and ideas ➡ t.me/vfinvestment
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.