IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THIS IS A COCTAIL OF CLASSIC CHART PATTERNS,WE HAVE 3 CLASSIC PATTERNS, THE FIRST IS A BUMP AND RUN REVERSAL BOTTOM, WHICH THE DOWN SLOPING TRENDLINE(BLUE LINE) BELONGS THIS PATTERN AND CLOSES ABOVE DOWNSLOPING TRENDLINE CONFIRMS THE PATTERN AS A VALID ONE ANDITS A BUY SIGNAL TO UPSIDE TARGET TO THE OLD HIGH AT ROUGHLY $30
THE SECOND ONE IS A DOUBLE BOTTOM INTO DESCENDING TRIANGLE,BREAKS OUT UPWARD 25.97 CONFIRMS THE PATTERN AS BEING A VALID D,BOTTOM,AND THE UPSIDE TARGET IS ROUGHLY $30
THE THIRD PATTERN IS A DESCENDING TRIANGLE , WHICH COULD ACTS AS A REVERSAL OR AS A CONTINUATION,SO BREAKOUTS UPWARD ABOVE 26 ACTS AS A CONTINUATION OF THE PREVAILNG PRICE TREND AND CLIMB TO ROUGHLY $34,WHILE BREAKOUTS DOWNWARD BELOW 21.8 ACTS AS REVERSAL,AND THE DOWNSIDE TARGET IS POTENTIALLY $14
HOWEVER, TO TRADE WITH THE UPWARD BREAKOUT WAIT FOR CLOSING ABOVE 26(CLOSING BEHIND THE DOWNSLOPING TREND
WHILE DOWNWARD BREAKOUT, WAIT FOR CLOSES BELOW 21.8
