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LeLaf
Mar 14, 2021 6:08 PM

DME.CA: Bullish Pennant, awaiting confirmation (43%) Long

DESERT MOUNTAIN ENERGY CORPTSXV

Description

Bullish Pennant, awaiting confirmation (43%)
Pros:
Volume during post formation
Descending volume during triangle formation
Volume at break out
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
250RSI above 50
200MA ascending

Target:
PT = 3.45$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
Comments
Lunastone
Cool, do you know why DME went down in 2009/2010?
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