CGC - Trade Reversal and Bull Flag (Etoro Portfolio)
132
Price cross above MA200 (black line) and formed a uptrend till 29.50 price. Typical bull flag (or the power flag), build up approx. 18 trading days. The 18th day's volume (6.744m) slightly increased and higher than previous days.
The price rejection : one white soldier breakout the trendline draw from top, MACD and RSI also appeared buy signal.
IBD's RS (Relative Strength) = 88, Industry Group Rank = 21 / 197
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