PFIE: Bullish Pennant, not confirmed (60,45%)(20/1000)(20/1000)
Bullish Pennant pattern for PFIE.
60,45% possible gains.
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- Descending volume during flag forming
9- Volume during post forming
10- ATR ascending, more volatile
Cons:
1- Not confirmed yet
2- No breakout yet
Target price is 3,53$
Stay humble, have fun, make money!
MAAX
