LeLaf

DOO.CA: Ascending Triangle, Not confirmed (83,62%)(15/1000)

Long
TSX:DOO   BRP INC
(15/1000)

Ascending Triangle for DOO on TSX.
NOT Confirmed. Possible 83,62% gains.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and ascending
6- 50MA above 200MA
7- 50MA and 200MA ascending.
8- RS above 0 but flat

Cons:

1- ATR flat, less volatile
2- Pattern not confirmed
3- No break out yet

Target price is 222,67$.

Again, stay humble, have fun, make money!

MAAX!
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