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LeLaf
Jan 22, 2021 1:29 AM

CRNT: Bullish Flag Long

Ceragon Networks Ltd.NASDAQ

Description

Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 16
200MA ascending slowly
250RSI above 50

If confirmed:
PT = 8.85$

Comments
Dc1392
Great chart analysis. Similar to mine. Quick question, What is ATR? and PPS?
LeLaf
@Dc1392,average True Range, Price per share.
Dc1392
@LeLaf, Thank you, i was actually watching videos on thinkorswim right now.
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