LeLaf

AXGT: Ascending Triangle, awaiting confirmation

Long
NASDAQ:AXGT   None
Ascending Triangle, waiting confirmation
Pros:
Descending volume during formation
Volume at break out
R/R ratio above 13
PPS crosse 200MA during break out
PPS above 50MA and 200MA
RS ascending and above 0
ATR ascending, more volatility
Cons:
200MA descending
250RSI below 50

If confirmed:
PT = 6,23
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