LeLaf

ADNT: Ascending Triangle, awaiting confirmation (48%)

Long
NYSE:ADNT   Adient plc
Ascending Triangle, awaiting confirmation (48%)
Pros:
Descending volume during formation
Volume at break out
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 12, high
ATR ascending
250RSI above 50
200MA ascending

Target:
PT = 59.26$

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Always do you own Due dilligence. This is not financial advice.
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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/ascending-triangle.html
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