The stock recently experienced a robust weekly breakout after a two-year period. Additionally, it presented a cup and handle pattern breakout, with consolidation at the resistance zone before the breakout. Considering the stock's longstanding uptrend, the cup pattern breakout can be viewed as a continuation of the bullish run.
This combination of a strong weekly breakout, cup and handle pattern breakout, and consolidation at the resistance zone enhances the overall bullish narrative.
This combination of a strong weekly breakout, cup and handle pattern breakout, and consolidation at the resistance zone enhances the overall bullish narrative.
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免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.