STXRES Satrix Resources. Bear flag ?

Satrix resource ETF is currently trading in a channel, but after a rejection at the SMMA 40 this could end up becoming a bear flag channel.
Watch out for a possible break of this channel.
Target area if this flag breaks is 5123-4736
Watching. No position.
ETFTechnical IndicatorsjsesatrixSTXRES

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