ASRT: Bullish Flag, Weekly (67%), Confirmed

NASDAQ:ASRT   Assertio Holdings, Inc.
Follow up on the bullish pennant I had on the daily on April 22nd.
This time, bullish flag on the weekly chart. Confirmed.

1- Bullish Flag, confirmed on the weekly.
2- Post formed with volume
3- Descending volume during flag formation
4- PPS above 50MA and 200MA
5- RS above 0, but a bit flat
6- R/R ratio above 5
7- 50MA above 200MA
9- 50MA ascending
10- Broke out of flag week of May 8th with volume
11- Golden cross.

1- ATR a bit flat
2- Pattern not confirmed yet.
3- 250RSI unavaible on the weekly chart. Too new.
4- 50MA descending, for now.

Target price is 10.63$. Very similar to what I had on the daily pennant chart.

Again, stay humble, have fun, make money!


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