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LeLaf
Mar 6, 2021 2:53 PM

ENLC: Ascending Triangle (87PC) Long

EnLink Midstream, LLCNYSE

Description

Ascending Triangle (87PC)
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending but barely
ATR Ascending
R/R ratio above 14, high
200MA ascending
Cons:
250RSI below 50

Target:
PT = 9.36$

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Comments
LeLaf
87%
wintersqvc
@LeLaf, is this a good point to buy, even at 4.99? Will it continue?
LeLaf
@wintersqvc, You'll have to decide for yourself. I provide the analysis, you determine if the risk is work it or not.
liranetn
what does (87PC) stands for?
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