Ascending Triangle, confirmed Pros: Descending volume during formation Volume Spike at break out PPS above 50Ma and 200MA RS above 0 and ascending R/R above 16, high 250RSI above 50, high Cons: ATR flat, less volatile 200MA flat Target: PT = 9,32$
Entry level$4.60 = Target price $5.90 = Stop loss $4.30 Innovative Solutions & Support, Inc. is engaged in the manufacturing of flight navigation systems. It designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment...
I've marked what I think are a flag and pennant showing a gain of about 38% since January. The press release on Feb 13th about the first quarter 2018 results had this: '...Shahram Askarpour, President of IS&S, added, “I am pleased with the progress we have achieved in establishing a strong market presence solely on the foundation of products we have internally...