ROOT breaking supply trendline within a longer term channel.
An event like this could call for a retest of the channel heartline (red dashed line).
The longer it takes, the lower the price target will be. An eventual breakout of the heartline can call for a test of the supply trendline of the channel.
An event like this could call for a retest of the channel heartline (red dashed line).
The longer it takes, the lower the price target will be. An eventual breakout of the heartline can call for a test of the supply trendline of the channel.