LeLaf

OPHR.CA: Bullish Pennant, not confirmer (75.84%)

Long
TSXV:OPHR   OPHIR GOLD CORP
Bullish pennant for OPHR on TSX.
Not confirmed yet. Gold company, mining industry.

Pros:

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

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

If confirmed, target price is 0,73$

Again, stay humble, have fun, make money!

MAAX!
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