BAND
seems to be consolidating for a large move higher.
As you can see from the chart, band broke out from almost a year long bull flag, has been consolidating in a channel and now looks to be ready to move up.
Should it break higher, I think the first stop is around the $4 level. If it continues, potentially $7+.
Let's see what happens.
As you can see from the chart, band broke out from almost a year long bull flag, has been consolidating in a channel and now looks to be ready to move up.
Should it break higher, I think the first stop is around the $4 level. If it continues, potentially $7+.
Let's see what happens.
Comentarios:
Market looks weak here. Will take profits and reenter if we get a move down.