BULL FLAG

30 ביולי 2019

Pretty simple and quite clear IMO. Forming a nice bull flag. Could be interpreted as a break and re-test but remains to be seen. I would like to see an aggressive move up from here to confirm break of bull flag. A bull flag is a bullish pattern and eventual break should lead to some good upside. Where exactly? I don't know. But their is plenty of head room above once it gains some momentum. One step at a time though and for now I'd like to see a good move up to confirm break before letting the chart indicate the next price move with pattern formation.