Breakout day for QinetiQ - expect pullback to retest

Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher.

WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.

Bình luận:

No convincing breakout yet.