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.% | ||
|---|---|---|---|---|---|
|
|
|
1.1231
|
-0.0046
|
0.4106%
|
|
|
|
|
1.2458
|
0.0150
|
1.2175%
|
|
|
|
Tadawul
|
7312.24
|
58.91
|
0.81%
|
|
|
|
|
18.041
|
0.263
|
1.479%
|
|
|
|
|
40.100
|
1.325
|
3.417%
|
|
|
|
|
42.65
|
-0.44
|
1.02%
|
|
|
|
|
1775.945
|
4.330
|
0.244%
|
|
News Today
2020-07-03 08:21:20 GMT
2020-07-02 12:03:51 GMT
2020-07-01 19:01:24 GMT
2020-07-01 18:26:07 GMT