Anyone notice that todays close above the important $26 mark has broken out of the bull flag pattern?
I have the base of the flagpole at $18.40 and top of the flag at say $26 (length of $7.60) Bottom of flag at $24, therfore price target of $31.60 which also happens to be around the 62% fib from March high to Oct low. Are we headed to the $30-$32 range quite quickly from here?
Xerxes , WXYZ , anyone any thoughts?
NCM Price at posting:
$26.17 Sentiment: Buy Disclosure: Held