Bull pennant/wedge
Price may try to target the 800 EMA and price is in a falling wedge and bull pennant that broke out and is so far holding. Oversold stochastic and macd losing selling pressure. Lookout for the possible small rising wedge and stop right below 200 EMA and previous support.
Trade closed: stop reached
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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.