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.%
1.1057
-0.0005
0.0416%
1.3149
0.0012
0.0910%
Tadawul
8120.01
21.27
0.26%
16.617
0.045
0.270%
59.045
-0.065
0.110%
64.24
-0.15
0.23%
1460.405
0.560
0.038%
 
 
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