🔹AI shows strong development within a rising trend channel in the medium long term.
🔹AI has broken a resistance level and given a positive signal for the long-term trading range.
🔹There is no resistance in the price chart and further rise is indicated.
🔹In case of a negative reaction, the stock has support at approximately 34.
🔹RSI is above 70 after a good price increase the past weeks.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT – Double Top | BEARISH | 🔴
🔹DB – Double Bottom | BULLISH | 🟢
🔹HNS – Head & Shoulder | BEARISH | 🔴
🔹REC – Rectangle | 🔵
🔹iHNS – inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
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- Source: https://www.tradingview.com/chart/AI/jl2xm2T0-AI-Rising-Trend-Channel-MID-TERM/
