AFFLE - Consecutive Higher Highs and Higher Lows

AFFLE has shown consecutive Flag Chart Pattern and both the up waves have seen a retracement of Fibonacci Levels of about 61.8% (i.e retraced the 38% of the upmove). Currently it is retesting the support level at previous swing high. Main concern is the overhead supple which is subsequently great. GO LONG WITH CAUTION.
Disc: I hold it in the portfolio since 1600 level.

Commentaire:

Reached 2174 and has formed a Doji Candle. Will have to wait for another day but feels like I will reverse from here.