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LeLaf
Mar 21, 2021 1:14 PM

ZDGE: Bullish Pennant (48%) Long

Zedge, Inc.Arca

Description

Bullish Pennant (48%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50 and ascending
200MA ascending

Target:
PT = 22.61$

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