Ford cup breakout target reached. Now forming a flag. The flags can break down or breakout.
Breaking out of the flag could send the stock to $25.
Target 1 - $25
Risk - unable to break out and pull back to $17.89 to $16.76 area.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Breaking out of the flag could send the stock to $25.
Target 1 - $25
Risk - unable to break out and pull back to $17.89 to $16.76 area.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
