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LeLaf

EMKR: Ascending triangle

Long
EMCORE Corporation (NASDAQ:EMKR)  
LeLaf  
NASDAQ:EMKR   EMCORE Corporation
Technical Indicators Chart Patterns Trend Analysis
2
3
indicator chartpattern trendanalysis
Ascending Triangle
Pros
Descending volume
PPS Above 50MA and 200MA

Cons
250RSI below 50
R/R ratio below 5
200MA Flat/descending
ATR descending

If confirmed:
PT1 = 3.63
PT2 = 3.82
PT3 = 3,95
PT4 = 4,01
Bonus PT5 = 4,16
Bonus PT6 = 4,46

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