1. Drawing trendlines, seeing its growth channel and drop conclusions in light of it. - long-term; - the green triangle is out of it, but why? - maybe it will drop and form the red triangle? - one thing is certain - their project is real and it's good. so my bet is to go up.
2. Seeing it as a bullish flag. Signs: - volume is diminishing through the flag; - volume went up preceding it; - there's also a little bullish rectangle.
Both can be summarized as a Elliot Impulse Wave (12345). The 4th and 5th possibilities are in the chart!
Yorum
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Went into the trend channel and now it's testing the major trendline to see if it stays inside channel.