Price formed bullish flag on the daily chart since mid July. Last 3 weeks stock traded in the very tight range close to the upper boundary of the said flag. During that time it uses 150 EMA (blue line) as a support.
I expect a break out of the flag to the upside. Price target of around $400 by end of January ‘24. That’s almost 70% rise from current levels.
On the way there we could see some resistance around $290-$300.
Fasten your seatbelts.
I expect a break out of the flag to the upside. Price target of around $400 by end of January ‘24. That’s almost 70% rise from current levels.
On the way there we could see some resistance around $290-$300.
Fasten your seatbelts.
