Breakout day for QinetiQ - expect pullback to retest
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Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher.
WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
Note
No convincing breakout yet.Note
Break out confirmed
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