Chart Patterns & Algo. Trader September 28, 2020 | Page 59

Chart Patterns & Algorithmic Trader ( Sept . 28 , ' 20 ) ( 59 )

OLED

ABC Bullish Pattern s
Reviewed in CPAT 9 / 14
Universal Display Corp ( OLED ) is trading in an ABC Bullish pattern on its daily chart the long entry-level of $ 169.34 . 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 $ 161.00 ( - $ 8.24 ). Targets are placed at Target1 Zone $ 196.5 to $ 206.2 and , Target2 Zone $ 234.0 to $ 254.1 . www . surinotes . com