LeoXVI

SMCP Bullflag breakout

Long
LeoXVI Updated   
EURONEXT:SMCP   SMCP
P/B = 0.5
Bullflag breakout
Since a couple of weeks the price of this company was fallen and created a bull flag pattern.
Now this pattern is broken and the price will soar the coming weeks.
Comment:
False flag -> Bounced to the resistance lvl €9 and felt down.
Scenario invalid.
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