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LeLaf
Mar 22, 2021 10:38 PM

RGLS: Bullish Flag (47%) Long

Regulus Therapeutics Inc.NASDAQ

Description

Bullish Flag (47%)
Pros:
Volume during post formation
Descending volume during Flag formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0
R/R ratio above 3
200MA ascending
Cons:
RS flat
ATR flat
250RSI below 50 and flat

Target:
PT = 2.73$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/bull-flag.html
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