ENG: Bullish pennant, awaiting confirmation Long

ENGlobal CorporationNASDAQ

Description

⋅ Jan 27, 2021 12:34 AM

Bullish Pennant, awaiting confirmation
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross circled in blue
ATR Ascending
R/R ratio above 5
250RSI above 50
RS above 0, and ascending
200MA Ascending

If confirmed:
PT = 12.67$