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LeLaf
Jun 11, 2023 2:23 PM

KNSL: Ascending Triangle, Confirmed (28,61%) Long

Kinsale Capital Group, Inc.NYSE

Description

Ascending Triangle for KNSL. Confirmed

Pros:
1- Bullish Ascending triangle broke through resistance with volume
2- Descending volume during formation of the triangle
3- PPS above 50MA and 200MA
4- RS above 0 and ascending
5- R/R ratio above 5
6- 250RSI above 50 and ascending
7- 50MA above 200MA
8- 50 MA and 200MA ascending
9- Golden cross in blue

Cons:

1- ATR is flat, less volatile

Target price is 430,53$.

Again, stay humble, have fun, make money!

MAAX!
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