Sold 100k vehicles last year + A double bottom push this stock up over 30% today before pulling back to 25%. It's now showing a pennant with breakout at 29$. if it can't break through then I think it will form a symmetrical triangle which can go either way. Volume was the most this company has ever seen
I placed levels for either possible direction.
Green lines (Targets) - If it breaks through
Red lines (Targets) if it breaks down
*Side note , double bottoms usually come with a slight pull back the next day (Free lunch) before continuation on
I placed levels for either possible direction.
Green lines (Targets) - If it breaks through
Red lines (Targets) if it breaks down
*Side note , double bottoms usually come with a slight pull back the next day (Free lunch) before continuation on