ATC.CA: Bullish Pennant, Not Confirmed (28.89%)(6/1000)(6/1000)
Bullish Pennant pattern for ATH on the Canadian market.
Not confirmed yet.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0, but just a little
3- R/R ratio above 5
4- 250RSI above 50 but flat
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
9- Volume during post forming
10- ATR ascending, more volatility
Cons:
1- Flag not confirmed yet
2- No break out yet
Target price is 4,33$
Stay humble, have fun, make money!
MAAX