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LeLaf
Mar 15, 2021 10:47 PM

STMP.CA: Bullish Flag, awaiting confirmation (83%) Long

STAMPER OIL & GAS CORPTSXV

Description

Bullish Flag, awaiting confirmation (83%)
Pros:
Volume during post
Descending volume during flag
Volume during break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 3
ATR ascending
Cons:
250RSI below 50
200MA flat

Target:
PT = 0.11$

Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do you own Due dilligence. This is not financial advice.
Stay Humble, have fun, make money!

Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/bull-flag.html
Comments
wicked007
what are your thoughts now>
LeLaf
@wicked007, Theoretically, the pattern failed. But them bullish engulfing candle of Friday let's me think there may be some gas left in the tank to meake it back to the inital target.
wicked007
still feeling bullish on this?
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