Ascending Triangle, confirmed
Pros:
Descending Volume during formation
Higher volume during break out
RS ascending and above 0
PPS above 50MA and 200MA
R/R ratio above 13
250RSI above 50
ATR pointing up, more volatility
No resistance above 83$
Cons:
200MA flat/descending
Price targets:
PT1=77,02
PT2=79,89
PT3=83,36
PT4=97,69
No resistance above.
Pros:
Descending Volume during formation
Higher volume during break out
RS ascending and above 0
PPS above 50MA and 200MA
R/R ratio above 13
250RSI above 50
ATR pointing up, more volatility
No resistance above 83$
Cons:
200MA flat/descending
Price targets:
PT1=77,02
PT2=79,89
PT3=83,36
PT4=97,69
No resistance above.
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