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Sahle
Nov 7, 2023 5:59 PM

FAANG's Bullish Banner:FAANG's Falling Flag Sets for 5780 Long

FAANGFXCM

Description

FAANG's Bullish Banner:FAANG's Falling Flag Sets for 5780
1.Price Formation: The price has broken out from a FALLING FLAG price formation on a daily chart.
2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum.
3.200-day Moving Average is below the Price.
4.Thus, Mas 7>21>200
5.Relative Strength Index (RSI): The RSI is > than 50, indicating bullish momentum and potential further upward movement.
6.Price Target: 5780
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