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LeLaf
Aug 2, 2020 6:47 PM

EMKR: Ascending triangle Long

EMCORE CorporationNASDAQ

Description

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

Comments
LeLaf
Bouncing off the red zone.
LeLaf
PT3 filled. Waiting for retest. 95% filled!
LeLaf
PT1 and 2 Filled!
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