Bullish pennant for RML on TSX.
Not confirmed yet. Mining industry has been on an uptrend for some time now.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4-
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in may 2023
8- ATR climbing, more volatility
9- Post formed with volume
10- Descending volume during pennant forming
Cons:
1- Figure is not confirmed
2- No break out yet
3- 250RSI No data yet. Young stock.
If confirmed, target price is 0,34$
Again, stay humble, have fun, make money!
MAAX!
Not confirmed yet. Mining industry has been on an uptrend for some time now.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4-
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in may 2023
8- ATR climbing, more volatility
9- Post formed with volume
10- Descending volume during pennant forming
Cons:
1- Figure is not confirmed
2- No break out yet
3- 250RSI No data yet. Young stock.
If confirmed, target price is 0,34$
Again, stay humble, have fun, make money!
MAAX!
Disclaimer
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.
Disclaimer
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.