Description
⋅ (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!