SYS | Parallel Channel VS Support Level

Aktualisiert
There are two possible scenarios in SYS technical chart, either it follows parallel channel or pull back from its current support level.
Anmerkung
SYS facing resistance around 458
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break out of parallel channel is observed, weekly closing must be above the channel for any bullish momentum.
Anmerkung
After the observed breakout on the SYS technical chart, a flag pattern appears to be forming. A breakout above its previous peak of 520 is required, with a projected flag target around 565.
Snapshot
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Flag projection lies around 565
Snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Haftungsausschluss