SU - Ranging with a Bullish Underlying Tone

2022年2月28日

SU has been held in a range over the last month between 35.77 & 38.62 levels. I expect a move to the downside, breaking the low of the range to entice short selling before repricing higher with an upside objective to 46.50 level.

2022年3月2日

注释

SU did not quite reach for the range low before breaking the upside. Since the range is broken, I expect the price to continue to the upside with 46.5 as an upside objective.

2022年3月8日

交易开始

Price continues higher since breaking the outlined range. 46.5 level is within reach.