cgeorges

Emerging pattern

cgeorges Güncellendi   
OMXSTO:MTG_B   MODERN TIMES GROUP MTG AB SER. B
This stock had been consolidating after a drop during earning releases but their consensus is still over 360-380 swedish crowns. It's looking like now it has formed a bull flag and should soon trade over 340 if the pattern completes.
Yorum:
I was expecting it to go sideways for a few more days but right the next day after posting this idea it gapped up.

This is not over though, it's currently forming a pennant so I expect it to gap up again this week.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.