Bullish flag with a hot squeeze
This has been in a bullish flag pattern and for the past several days it started showing increased TTM squeeze (red dot). Today, it showed a high level of squeeze (orange dot) all-the-while finishing the day with a bullish hammer along with higher than average volume.
The target for the Bullish flag is ~$160
If the trading tomorrow shows a price increase with significant volume, I'll open a long position
The target for the Bullish flag is ~$160
If the trading tomorrow shows a price increase with significant volume, I'll open a long position
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
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