Bullish Flag (46%)
Pros:
Volume during post formation
Descending volume during Flag formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50 and ascending
Cons:
200MA flat
Target:
PT = 0.88$
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Khiron Life Sciences seems to be tracing minute wave 3 up, after the end of an intermediate C down. If this is the case, wave 3 could reach the most probable target at 0.72, with more than 40% of gains. This scenario should be void if prices crosses down 0.34. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
Long looking for a morning action spike with a nice momentum change in price movement here will be monitoring this pattern as momentum change a pattern to watch
