ATHABASCA OIL CORP
Long

ATC.CA: Bullish Pennant, Not Confirmed (28.89%)(6/1000)

166
(6/1000)
Bullish Pennant pattern for ATH on the Canadian market.
Not confirmed yet.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0, but just a little
3- R/R ratio above 5
4- 250RSI above 50 but flat
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
9- Volume during post forming
10- ATR ascending, more volatility

Cons:
1- Flag not confirmed yet
2- No break out yet

Target price is 4,33$

Stay humble, have fun, make money!

MAAX

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