EQUNIX - Bullish breakaway gap seen confirming the triple bottom
EQUNIX was seen breaking above the resistance at US$690 neckline resistance of the triple bottom. Furthermore, a breakaway gap was seen on 28th July, which further confirms the return of the bullish trend. Bullish pennant was spotted and once prices breaks above US$714, we are likely to see further upside to US$755.
Note
Revelation: Strong bearish move down is first sign. though a rebound was seen the next day (hamrami), the 2 consecutive candle after that fails to break the resistance at 711
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.