Clearly a diamond reversal pattern for beyond. Think a reversal is due in this general small / mid cap market.
We broke out the diamond a couple trading days ago and have formed a bullish flag pattern since as we have retraced back towards the diamond support level.
The Pattern suggests a price target of $81 within the next 8 trading days or couple of weeks.
Don't forget that there's a gap to fill at $91 dollars so I would say we're likely to use $81 as support before breakout to $91 and $150 next.
Wishing you all a great Christmas and a successful start to the new year trading.
See you on the moon
We broke out the diamond a couple trading days ago and have formed a bullish flag pattern since as we have retraced back towards the diamond support level.
The Pattern suggests a price target of $81 within the next 8 trading days or couple of weeks.
Don't forget that there's a gap to fill at $91 dollars so I would say we're likely to use $81 as support before breakout to $91 and $150 next.
Wishing you all a great Christmas and a successful start to the new year trading.
See you on the moon
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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.