LeLaf

NEWA: Ascending Triangle

Long
NASDAQ:NEWA   NEWATER TECHNOLOGY INC
Ascending Triangle
Pros:
Descending Volume
PPS above 200MA
R/R ratio above 6
Cons:
RS descending and below 0
PPS below 50MA
250RSI below 50
200MA descending
ATR descending, less volatile
If confirmed:
PT1=5,41
PT2=5,56
Bonus PT3=6,34

Comments

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