ALGO Wedge transforming into an uptrend channel

The top of the wedge was indicating a 1.94 resistance level which we have broken through today with good volume. The MACD looks poised to make a go at holding that 1.94 as support now. I would look for support at the 1.92 level and then the 1.78 level below. There will be resistance at the 2.07 level and the 2.12 levels above.
Trend Analysis

Wyłączenie odpowiedzialności