📈 $DUOL – On the verge of a breakout?
I was very close to buying at the lower bounds yesterday, but I preferred to wait and see the reaction. Today, all eyes are on the horizontal resistance 🔍
🔸 If the resistance is broken, there will be plenty of room for an upward move
🔸 The price is holding remarkably at the decision zone
🔸 A clear breakout with strong trading volume = confirmation of the breakout
🔸 The ideal scenario? Break + retest + continuation
🧠 Don’t underestimate the power of horizontal patterns… they are often a gateway to violent moves in the direction
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