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%
 
 
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