Chart Patterns & Algorithmic Trader (Jan. 28, '20) (70)
ALK ABC Bullish Pattern
s
Reviewed in CPAT
Alaska Air Grp Inc (ALK) is trading in an ABC Bullish pattern on its daily chart above the
long entry-level of $36.45. ABC Bullish patterns are valid only when price closes above
the entry level with the confirmed up trend. Enter a long trade above entry-level with a
stop below $32.99 (-$3.36). Targets are placed at Target1 Zone $49.9 to $54.6
and,Target2 Zone $67.8 to $77.4.
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