Chart Patterns & Algo. Trader September 28, 2020 | Page 62

Chart Patterns & Algorithmic Trader ( Sept . 28 , ' 20 ) ( 62 )

STMP

ABC Bullish Pattern s
Stamps . com Inc ( STMP ) is trading in an ABC Bullish pattern on its daily chart above the long entry-level of $ 226.29 . 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 $ 207.03 ( - $ 19.16 ). Targets are placed at Target1 Zone $ 305.3 to $ 332.0 and , Target2 Zone $ 408.9 to $ 464.5 .
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