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LeLaf
Mar 15, 2021 10:57 PM

CXM.AU: Bullish Pennant, awaiting confirmation (46%) Long

CENTREX LIMITEDASX

Description

Bullish Pennant, awaiting confirmation (46%)
Pros:
Volume during post formation
Descending volume during triangle formation
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
Cons:
200MA Flat

Target:
PT = 0.094$

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