FUTU. Little bullish pennant in giant bullish flag.

Seems like it trying to brake free from the little bullish pennant which is inside other giant bullish flag. If it could, than based on measured move of little bullish pennant the price could reach previous AH ($200 area). In long term, if the market condition will be convenient, we could talk about long continuation based on measured move of giant bull flag.
Not a recommendation, just an observation.

Commentaire:

Looks like shake of with another downward move. Price need to hold 50MA resistance and close above $146,57.

Commentaire:

Finally broke out from little pennant. Next upward move possible after retesting $165th (strong resistance)

Ordre annulé:

Price drop due to announcement.