Russell 200 attacks ceiling of positive Flag pattern - Analysis - 19-11-2019

2019-11-19 14:01:41 GMT (Economies.com)
 

Russell 2000's indicator rose and tackled the ceiling of a positive pattern that formed recently, the Flag pattern, with positive support from the 50-day SMA and the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance at 1621.40, provided the ceiling is breached. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1333
0.0002
0.0199%
1.2611
0.0104
0.8351%
Tadawul
7394.26
-6.27
0.08%
18.727
0.381
2.077%
40.905
0.670
1.665%
43.29
0.29
0.67%
1809.780
23.795
1.332%
 
 
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