LeLaf

ZUMZL Bullish Flag (31%) Ascending Triangle (75%)

Long
NASDAQ:ZUMZ   Zumiez Inc.
ZUMZ is currently building into a bullish flag on the daily with possible price target of 67.47$. It is not confirmed yet.

The weekly chart is showing an ascending triangle with possible target price of 90.41$.

Caution: ZUMZ is part of the Consumer Discretionary sector. This sector is at the price target (1700$) of its fully filled ascending triangle . This new price target could act as the new resistance and reverse the current uptrend.

If the 1700$ resistance is broken on the sector chart, this could help fill ZUMZ's daily and weekly price targets.

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