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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