BLOOM is trading in an Upward Price Channel and currently on the third retest of the uptrend resistance line.
It's also potentially forming a Bearish AB=CD harmonic pattern with PRZ or Potential Reversal Zone at 9.71 (9.58~9.71).
See previous BLOOM analysis for reference:
https://psetrends.blogspot.com/search/label/BLOOM
Trading Plan
- Take some profit or scale down position and profit run the rest with trailing-stop.
- Or wait for a reversal pattern and confirmation before taking action.
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