Trading Options with an Edge
Select Page

Ally Financial (ALLY) Weekly Flag Setting Up

Ally Financial (ALLY) Weekly Flag Setting Up

by | Oct 15, 2021 | Chart SetUps

Ally Financial (ALLY) coiled in a bull flag above the 21- and 55-EMA and under the value high for the month and positioned well for a breakout to new highs. ALLY is in a narrow weekly flag and a breakout move has room to run to $63-65. Shares found buyers multiple times this week as it worked red-to-green and can get some momentum as financials look set to break out.