TradingView
LeLaf
Jul 26, 2020 11:36 PM

ONC.CA: Descending Triangle Short

ONCOLYTICS BIOTECH INCTSX

Description

Descending Triangle
Pros:
Descending Volume
R/R Ratio above 9
Descending ATR
200MA flat/ascending
PPS below 50MA
Cons:
250RSI still close to 50
PPS above 200MA
If confirmed
PT1 = 2,10
PT2 = 1,43
PT3 = 0,95
Bonus PT4 = 0,75
Comments
LeLaf
Target #1 filled.
LeLaf
Will see if confirmed tomorrow.
More