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MrWhale
Feb 2, 2024 1:21 AM

frontline 

Frontline PlcNYSE

Description

Frontline has been in accumulation for more than a decade. this looks like it is bound to move up for a much bigger move as it continues to respect the monthly uptrend.

the highest i see it go this year is at the untested weekly levels (solid purple lines) at $38-$47.

if it breaks below the tested weekly support, it will most likely test the weekly uptrend. If the uptrend breaks, there will be a significant drop to $16-$14.
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