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LeLaf
Mar 10, 2021 10:07 PM

CPE: Bullish Pennant (51PC) Long

Description

Bullish Pennant (51PC)
Pros:
Volume during post formation
Descending volume during triangle formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
200MA ascending
250RSI above 50

Target:
PT = 57.94$

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Education:

https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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