LeLaf

ITP: Bullish Pennant, awaiting confirmation

Long
AMEX:ITP   IT Tech Packaging, Inc
Bullish Pennant , awaiting confirmation
Pros:
Descending volume during formation
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
Cons:
200MA flat

Target:
PT = 1.89$

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