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Still here, still bull flagging
CarParts.com, Inc.
Long
Still here, still bull flagging
By Kazparov
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Aug 27, 2020
1
Aug 27, 2020
Price action has moved mostly sideways since settling down post earnings.
Seems to be following the diagonally price fork over the channel.
Original Price channel is now highlight by orange and red lines. Currently the price cannot get through the orange line as it moves sideways
Sideways consolidation is still bullish, as time is what will take the PA to the end of the pattern.
I think there will be another retest of the bottom of the pattern before reaching the end.
Technical Indicators
Trend Analysis
Kazparov
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