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.%
1.1091
0.0029
0.2658%
1.3133
-0.0004
0.0339%
Tadawul
8066.42
-53.59
0.66%
16.640
0.068
0.411%
58.905
-0.205
0.347%
64.34
0.09
0.14%
1463.920
4.075
0.279%
 
 
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