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Chartpatternz
Jan 1, 2021 4:30 AM

Double bottom and Bullish Flag Formation Long

GoHealth, Inc.NASDAQ

Description

Double bottom formation with breakout signalling a reversal in the downward trend. Price came back to test the breakout price level at 13.30 and rebounded.
At the same time, it looks like there is a bullish flag formation and accumulation at the 13.30 to 14.80 range.
Flagpole height: 3.50

TP1: 15.17 (resistance)
TP2: 17 (based on flagpole height)
TP3: 18.87 (previous support - resistance level)
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