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Arcblock

ABTUSD Breaking upward from a bull pennant

Oleh DrDovetail
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It looks like it is validating the break upward, full emasured move target can lead to 180% gains from current price range. Of course always possible it corrects all the way back don to the top trendline of the pennant before reaching the full target. If so that’s simply an opportunity to enter at a zone with even bigger gains potential. It could just as easily keep pumping until it reaches the full target as well. If longer consolidation it could take 1 as many as 1-3 weeks to reach the full target also…and then of course a possibility with the least probability as it somehow does a 180 and doesnt reach the full target as all since anything’s possible…but as I said, that scenario is the one with the lowest probability at the moment. *not financial advice*
Nota
$5.43 is the full measured move target.
Nota
Getting closer.
1day1daychartABTabtusdarcblockbullishbreakoutBullish PennantChart PatternsSymmetrical TriangleTrend Analysis
DrDovetail

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