LeLaf

PFIE: Bullish Pennant, not confirmed (60,45%)(20/1000)

Long
NASDAQ:PFIE   Profire Energy, Inc.
(20/1000)

Bullish Pennant pattern for PFIE.
60,45% possible gains.

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- Descending volume during flag forming
9- Volume during post forming
10- ATR ascending, more volatile

Cons:
1- Not confirmed yet
2- No breakout yet

Target price is 3,53$

Stay humble, have fun, make money!

MAAX
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