Weekly chart, the stock formed a bullish chart pattern falling wedge,
the target is 92.8, then 117.4 passing through the shown resistance levels
Technical indicator MACD is positive and crossed its signal above zero line.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
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DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
Falling Wedge Pattern
Watchout for Breakout
Retracement from Golden Pocket considering Rally from Covid-19 and retracement
HH, HL formation until top of falling wedge Resistance
Bulls need to take control for further ride and breakout
Entry at current level (Aggressive) or Watch for Breakout
Stop Loss is specified
Fib/Horizontal support Levels are specified...
Candle says that the buyers are squeezed with the force and we expect a bearish market next weeks so if you hold this stock you'd better close the position.
SELL WITH 80% OF PROBABILITY
