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LeLaf
Mar 28, 2021 4:02 PM

DLPN: Bullish Flag (180%) Long

Dolphin Entertainment, Inc.NASDAQ

Description

Bullish Flag (180%)
Pros:
Volume during post formation
Descending volume during Fl
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 10
ATR ascending
250RSI above 50 and ascending
Cons:
200MA flat

Target:
PT = 38.96$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/bull-flag.html

Comment

Update.
Could possibly fall back down into 5.70's to fill gap.
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