MOREPENLAB: Ascending Triangle and Cup and Handle Patterns BO
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Morepen is brilliantly placed in charts with 2 Bullish patterns emerging, indicating an upswing.
In my opinion, the stock can easily add 10% from the current levels in a very short span of time.
Can be bought at current levels, keeping a stop loss at 67.
Supporting Technicals:
RSI: 64.3 (bullish but not overbought)
ADX: 28.3 (indicating strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
In my opinion, the stock can easily add 10% from the current levels in a very short span of time.
Can be bought at current levels, keeping a stop loss at 67.
Supporting Technicals:
RSI: 64.3 (bullish but not overbought)
ADX: 28.3 (indicating strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
交易結束：達到停損點
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