A bull flag pattern is forming on the 1-day chart, supported by a steady increase in volume—suggesting growing bullish momentum.
Flagpole base: ~72
Potential breakout level: ~92
First price target (PT1): ~100 (next key resistance level)
Measured move target (PT2): ~112 (based on flagpole height)
This setup indicates a strong potential for continuation if price breaks above the 92 level with volume confirmation.
Flagpole base: ~72
Potential breakout level: ~92
First price target (PT1): ~100 (next key resistance level)
Measured move target (PT2): ~112 (based on flagpole height)
This setup indicates a strong potential for continuation if price breaks above the 92 level with volume confirmation.
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.
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.