Watch the Bearish Flag on SBAC closely. Trade with professional charting tools.
Bearish continuation if preceding move was down.
Traders are watching SBA Communications (SBAC) as price action tightens. Price has moved to $186.29 (6.49%) amidst recent volatility. Algorithmically, a Bearish Flag structure has completed. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $171.19, targeting $122.17 with support near $186.42 (R:R 3.22).
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