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LeLaf
Mar 20, 2021 3:15 AM

FAR.GB: Bullish Pennant, awaiting confirmation (82%) Long

FERRO-ALLOY RESOURCES LTD ORD NPVLSE

Description

Bullish Pennant, awaiting confirmation (82%)
Pros:
Volume during post formation
Descending volume during triangle formation
Volume at breakout
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 8
250RSI above 50 and ascending
200MA ascending, barely

Target:
PT = 49.20$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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