LeLaf

AMMO: Bullish Pennant, awating confirmation

Long
NASDAQ:POWW   AMMO INC
Bullish Pennant , awaiting confirmation
Pros:
Descending volume during formation
Volume during break out (Big)
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
Golden cross circled in blue
R/R ratio above 7
250RSI above 50
200MA ascending

If confirmed:
PT = 5.36$

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