Bellerophon - Long Setup

What I see...
+ 10 and 20 MA are above 200MA
+ Edge shape
+ Upward Support trend line
+ Consecutive NR3 + NR7 combo on very low volume
+ Sideway move within channel
+ Support provided by the 10MA
+ Merged MACD?

- Vol. is very low
- Merged MACD
- RSI is at 61

What I setup
+ Long entry above last week's high
- Stop at last week's low
+ Target at high of the breakout in late March

Order cancelled:

Gap up; missed entry; Trade is cancelled.