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RA_Capital
Oct 21, 2019 11:19 AM

$FFIN weekly #chart with ascending triangle #breakout Long

First Financial Bankshares, Inc.NASDAQ

Description

FFIN stock made a low in MAR'18 at 27.13 on very big volume that to me it signals capitulation
Since then the stock has formed an ascending triangle with resistance at 33.42
Last week the ER have come in above expectations and the stock had the weekly close above the resistance
MACD and RSI both nicely bottomed out and curved up in supportive mode
Measured target is at 39.71
Good Luck,
TA

Trade closed: stop reached

Stop on the breach of support line
TA
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