CENTENKA: Flag and Pole Bullish Formation
Updated
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 closed: target reached
Target 1 achieved on 12th July 21Trade closed: target reached
Target 2 reached on 30th July
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