LeLaf

BIOL: Bullish pennant, awaiting confirmation

Long
NASDAQ:BIOL   Biolase, Inc.
Bullish Pennant, awating confirmation
Pros:
Descending volume during formation
Golden cross in blue
Volume at break out
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 10
250RSI above 50
Cons:
200MA flat

If confirmed:
PT = 2.12$

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