Restaurants brands asia (Burger King) about to breakout
I am new to technical analysis and I observed whats mentioned on the chat. Please like if you agree or want to suggest something.
On longer term its creating a symmetrical triangle, which is about to break. On short term its has created an ascending triangle. It had breakout and retested the levels. Very close to its 200 day SMA. Once it breaks the trendline, it can be a good buy opportunity.
I am learning so its not a suggestion or recommendation.
On longer term its creating a symmetrical triangle, which is about to break. On short term its has created an ascending triangle. It had breakout and retested the levels. Very close to its 200 day SMA. Once it breaks the trendline, it can be a good buy opportunity.
I am learning so its not a suggestion or recommendation.