A clean Bearish Flag often precedes a big move. Validate your entry.
Bearish continuation if preceding move was down.
ERIE is showing interesting structural developments at $224.42. Currently at $224.42, the asset is showing upward momentum (1.06%). Algorithmically, a Bearish Flag structure has completed. Volume is average (0.21x avg) with moderate trend strength (19.1). A potential breakout level is identified at $210.07, targeting $143.57 with support near $229.13 (R:R 3.49).
What is your outlook on ERIE?