westcoasttrader

OFLX CUP AND HANDLE FORMATION

NASDAQ:OFLX   Omega Flex, Inc.
OFLX IS FORMING A NICE CUP AND HANDLE ON THE WEEKLY CHARTS HERE. THE CUP WAS WELL SUPPORTED BY THE 200 EMA FOLLOWED BY GOOD SUPPORT OF THE HANDLE ON THE 100 EMA.
Comment:
OFLX HAS BROKEN THROUGH THE RESISTANCE AREA AND THROUGH THE 3% ENTRY TARGET AT $97.62

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