Bullish pennant for NILI on TSX. Not confirmed yet but metal for batteries is a hot topic right now.
Pros:
1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- ATR climbing 9- Post formed with volume 10- Descending volume during pennant forming
Cons: 1- Figure is not confirmed 2- No break out yet
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.