Emerging pattern

22 авг. 2018 г.

This stock had been consolidating after a drop during earning releases but their consensus is still over 360-380 swedish crowns. It's looking like now it has formed a bull flag and should soon trade over 340 if the pattern completes.

27 авг. 2018 г.

Заметка

I was expecting it to go sideways for a few more days but right the next day after posting this idea it gapped up.

This is not over though, it's currently forming a pennant so I expect it to gap up again this week.