Bullflag on #PPE
As stated in the heading, bullflag on the daily time frame suggesting a breakout to the upside after a period of consolidation.Held support at $3.20 so a stop loss just below would make sense.
Buy Price: $3.36 - Just above the short term resistance of this flag
Stop Loss: $3.20 - Strong level of support, would also mean wrong
Target: Possibly the next short term resistance at $3.59, although not really sure. Trailing stop losses would probably be best.
Buy Price: $3.36 - Just above the short term resistance of this flag
Stop Loss: $3.20 - Strong level of support, would also mean wrong
Target: Possibly the next short term resistance at $3.59, although not really sure. Trailing stop losses would probably be best.
Order cancelled
Flag never broke out, no entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.