Today, we have a bull flag forming on Taboola.com Ltd (NASDAQ: TBLA). Taboola is an ad tech company that serves you those ads you see at the bottom of websites.
Basically, we’re looking for the price to break above that resistance line. Once it does, I could position myself to see a nice little gain.
Trade Idea:
Price Target: $5.60
Options Contract: 15 MARCH 2024 $5 CALL