The 30 minute chart clearly shows an ascending triangle. You could also call this a bull flag.
The height of the triangle opening, or the 'pole' can be used to project price targets. In this case that's ~$11.31.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
The height of the triangle opening, or the 'pole' can be used to project price targets. In this case that's ~$11.31.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.