MEG.CA: Ascending Triangle, Not Confirmed (47.66%)(7/1000)

(7/1000)
Ascending Triangle for MEG. Not Confirmed yet.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- RS above 0 but just a tiny bit
5- R/R ratio above 5
6- 250RSI above 50 but a bit flat
7- 50MA above 200MA
8- 50 MA and 200MA ascending.
9- Golden cross circled in blue

Cons:

1- ATR is descending, less volatile
2- Triangle not confirmed yet

Target price is 34,92$.

Again, stay humble, have fun, make money!

MAAX!