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SUB: Rambling about possibilities

532
SUB can be analysed two ways.

1. Drawing trendlines, seeing its growth channel and drop conclusions in light of it.
- long-term;
- the green triangle is out of it, but why?
- maybe it will drop and form the red triangle?
- one thing is certain - their project is real and it's good. so my bet is to go up.

2. Seeing it as a bullish flag. Signs:
- volume is diminishing through the flag;
- volume went up preceding it;
- there's also a little bullish rectangle.

Both can be summarized as a Elliot Impulse Wave (12345). The 4th and 5th possibilities are in the chart!
Nota
Went into the trend channel and now it's testing the major trendline to see if it stays inside channel.

Penafian

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