Price went just below the 50% retracement since the Covid low and appears to be off the bottom, for the time being.
3 strong green daily candles noted.
Targets 1 & 2 have been met. (T3 is calculated just in case T2 is met and T2 is calculated in case T1 is met and so on)
Looks like a suspicious baby flag down there with the RSI line mimicking the flag. The pole is not too terribly long if it is a flag. I need to check in on this one again soon out of curiosity.
No recommendation.
I wish the markets could be more decisive.
"The road is made up of flat squirrels that couldn't make up their mind" )o:
3 strong green daily candles noted.
Targets 1 & 2 have been met. (T3 is calculated just in case T2 is met and T2 is calculated in case T1 is met and so on)
Looks like a suspicious baby flag down there with the RSI line mimicking the flag. The pole is not too terribly long if it is a flag. I need to check in on this one again soon out of curiosity.
No recommendation.
I wish the markets could be more decisive.
"The road is made up of flat squirrels that couldn't make up their mind" )o:
Comment:
2-15/Flag has been broken to the upside.
Flags are neutral until broken.