MBI: Bullish Pennant (49PC)Bullish Pennant (49PC)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
250RSI above 50
Cons:
200MA Flat
May fill gap back to 7.77$
Target:
PT = 15.30$
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Always do your own due dilligence. This is not financial advice
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