I am considering a decline in this stock with the opening of the US session as there is no major news behind its rise.
Details on the chart. Still learning, opinions appreciated!
Lots of positives. Inverse h and s, broke two downtrends, broke RSI downtrend, MACD, looks good… have a small position (@.345) , so plz share your thoughts. Opinions appreciated, new trader…
UPDATE: $BRSH Broke out of descending triangle as expected, Also notice the Rounding Bottom pattern in the 4h TF Rounding bottom chart pattern is an indication of a positive reversal.. it needs to break above the neckline resistance level of the rounding bottom ($2.12~) and hold above it to continue in its new upward trend🔥
Looks like ready to join the recent IPO party ($ILAG, $MEGL, $FRZA, $TGL and $REBN) It needs to break above the top of the triangle pattern to go higher...