Weekly chart,
The stock
COMI has formed a symmetrical triangle chart pattern, and crossed the Resistance line R.
One more week above R, to confirm, the target will be 104.3 - passing through several resistance levels as shown on the chart.
A new entry (buy) can be made immediately before confirmation with higher risk, and consider a stop loss below 76.0
Technical indicators RSI and MACD are positive.
NOTE: Keep a near Profit Protection/ Stop Loss level.
The stock
COMI has formed a symmetrical triangle chart pattern, and crossed the Resistance line R.One more week above R, to confirm, the target will be 104.3 - passing through several resistance levels as shown on the chart.
A new entry (buy) can be made immediately before confirmation with higher risk, and consider a stop loss below 76.0
Technical indicators RSI and MACD are positive.
NOTE: Keep a near Profit Protection/ Stop Loss level.
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