SYS | Parallel Channel VS Support Level

Atualizado
There are two possible scenarios in SYS technical chart, either it follows parallel channel or pull back from its current support level.
Nota
SYS facing resistance around 458
Trade ativo
break out of parallel channel is observed, weekly closing must be above the channel for any bullish momentum.
Nota
After the observed breakout on the SYS technical chart, a flag pattern appears to be forming. A breakout above its previous peak of 520 is required, with a projected flag target around 565.
snapshot
Trade ativo
Flag projection lies around 565
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

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