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LeLaf
Mar 23, 2021 12:34 AM

88E.GB: Bullish Pennant, awaiting confirmation (87%) Long

88 ENERGY LIMITED NPV(DI)LSE

Description

Bullish Pennant, awaiting confirmation (87%)
Pros:
Volume during post formation
Descending volume during triangle formation
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 6
250RSI above 50 and ascending
200MA ascending, barely
ATR ascending

Target:
PT = 2.154$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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