OCG: Bullish Pennant (114%)
Bullish Pennant (114%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA
RS above 0 and ascending
R/R ratio above 5
ATR ascending
Cons:
No 200MA
No 250RSI
Target:
PT = 24.85$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA
RS above 0 and ascending
R/R ratio above 5
ATR ascending
Cons:
No 200MA
No 250RSI
Target:
PT = 24.85$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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