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LeLaf
Jan 23, 2021 2:31 PM

SOLR.CA: Bullish Pennant Long

SOLAR ALLIANCE ENERGY INCTSXV

Description

Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
250RSI above 50
Cons:
200MA flat

If confirmed:
PT = 0.95$

Comments
Madcaptains
I decided to buy after a close above 0.60. I find it safer to wait for a clean break above the top of the formation but on the other hand, I lose a lot of potential profit when the price move way beyond that sweet spot before to close. When that happen, I'm left with a poor R ratio and I don't like that. That happens often with the micro caps.

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