"Giant, Godzilla" Flag Pattern: May Get Messy But May Rocket
Based on history, these flags seem to be very consistent bull patterns (but I wouldn't call it until it breaks out).
That said, this latest pattern looks like a hugh copy of the past similar flags. If it does turn out to be bull flag like the past ones, the upside will be monstrous; in Godzilla proportions. However, also within this flag, even if it turns out to be a bull, it could fall very low before that breakout.
Of course, as it hasn't broken out yet, it could also turn out to be a dud and crash.
Either way, could get messy.
That said, this latest pattern looks like a hugh copy of the past similar flags. If it does turn out to be bull flag like the past ones, the upside will be monstrous; in Godzilla proportions. However, also within this flag, even if it turns out to be a bull, it could fall very low before that breakout.
Of course, as it hasn't broken out yet, it could also turn out to be a dud and crash.
Either way, could get messy.
Penafian
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