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RE: The chart I'm watching now

in #steem6 years ago (edited)

Looks like a perfect bull flag and consolidating with volume decreasing. I love this chart as well. I would almost say reversed head & shoulder, which counts if happens in the downtrend and this is a perfect example. It’s has already broken. From now on we shoul change the trend.

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Consolidating right on top of the 200 dma, and loosely drawn inverse H&S neckline. This all off of very solid long term support with the technical indicators turning positive and the MA's turning too! It's a beautiful setup for investors and short term traders alike, and that could light a fire.

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