The stock is forming the classic Flag and Pole Formation. The volume is consolidating between 385 and 425, and is soon expected to breakout for a target of 455, and can move ahead to 490.
Supporting Technicals:
RSI: 67 (Bullish but not overbought)
ADX: 51 (Indicating Strong Trend)
Suggested stop loss is 380
Supporting Technicals:
RSI: 67 (Bullish but not overbought)
ADX: 51 (Indicating Strong Trend)
Suggested stop loss is 380
Trade geschlossen: Ziel wurde erreicht:
Target 1 achieved on 12th July 21
Trade geschlossen: Ziel wurde erreicht:
Target 2 reached on 30th July