LeLaf

ICM.CA: Ascending Triangle, awaiting confirmation (67%)

Long
TSXV:ICM   ICONIC MINERALS LTD
Ascending Triangle, awaiting confirmation (67%)
Pros:
Descending volume during formation
Volume at break out
PPS above 50MA and 200MA
R/R ratio above 8
RS above 0 and ascending
200MA ascending
250RSI above 50 and ascending
Cons:
ATR flat

Target:
PT = 0.545$

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Always do you own Due dilligence. This is not financial advice.
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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/ascending-triangle.html
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