Hal reached all time high and reversed and taken support on channel (which was acted as resistance previously)
Now, it broke out symmetrical triangle patter and retraced which is also seems like a double bottom, wait for the neckline breakout for strong buy signal (looks strong on weekly closing).
on a contrary, if not breached the neckline, it will starts travell inbetween the neckline and channel support.
My view is strong bullish once break the neckline.
Now, it broke out symmetrical triangle patter and retraced which is also seems like a double bottom, wait for the neckline breakout for strong buy signal (looks strong on weekly closing).
on a contrary, if not breached the neckline, it will starts travell inbetween the neckline and channel support.
My view is strong bullish once break the neckline.