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LeLaf
Jun 10, 2023 11:41 PM

NILI.CA: Bullish Pennant, not confirmed (78%) Long

SURGE BATTERY METALS INCTSXV

Description

Bullish pennant for NILI on TSX.
Not confirmed yet but metal for batteries is a hot topic right now.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- ATR climbing
9- Post formed with volume
10- Descending volume during pennant forming

Cons:
1- Figure is not confirmed
2- No break out yet

Target price is 1,13$

Again, stay humble, have fun, make money!

MAAX!
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