andmk2

YCA - Yellow Cake breaks triangle

Long
LSE:YCA   YELLOW CAKE PLC ORD GBP0.01
Yellow Cake has broken its triangle formation which began in April 2022. There has been a retest at 398 although it is experiencing resistance at 448. The triangle formation in an uptrend is bullish. However, volume is low and, as a result, the breakout is weak.

NOTE: This post if for education only and not a solicitation to buy, sell or hold. Do your own research and trade your own plan.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.