LeLaf

WEB.GB: Bullish Pennant (65%)

Long
LSE:WEB   WEBIS HOLDINGS PLC ORD GBP0.01
Bullish Pennant (65%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 4
250RSI above 50 and ascending
200MA ascending, barely
ATR ascending

Target:
PT = 6.18$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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