Largo

Clear pattern to think about long setups

225
Today we will pay attention to ABMD.

Main items we can see:

a) The price has broken a Descending Trendline

b) Currently, the price is above a Relevant Area

c) We have a clear Flag Pattern; remember that Flat Patterns are considered continuation structures

d) We expect a bullish resolution towards TP1 and TP2

e) The resolution can take about 50 to 60 days

f) We will consider that the Analysis is Active if the price breaks above B

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