Anker has been on a falling wedge putting in three higher lows in the W chart, and it is testing the top of the wedge once again. The important thing to watch here is the purple trend line, and purple circles. Strangely both lows of 2021 and 2022 fell on a Monday 21st just a month apart. After the purple trend line is lost, it has been on a mission to recover it....
ANKR has been forming this nice triangle and accumulating at a nice support level.
Right now we can see a nice breakout.
We need to see a test of our new support level... Then we can go in and wait for our profit.
Remember to set a stop loss!!
Red area - support level
Orange area - buying zone
