Bull flag formed, out of a bullish pennant breakout.
Target price set at new Resistance bounce.
- Strong Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $39.03
Suggested Stop Loss $37.77
Target price $43.12
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Target price set at new Resistance bounce.
- Strong Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $39.03
Suggested Stop Loss $37.77
Target price $43.12
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Order cancelled:
Not convinced anymore. The upsides might be smaller than expected.