(8/1000)
Ascending Triangle for FM on the Canadian exchange.
Not Confirmed yet.
Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and climbing
6- 50MA above 200MA
7- 200MA ascending.
8- Golden cross circled in blue
Cons:
1- ATR is descending, less volatile
2- Triangle not confirmed yet
3- RS below 0 but just a tiny bit
4- 50MA flat
Target price is 51.45$.
Again, stay humble, have fun, make money!
MAAX!
Ascending Triangle for FM on the Canadian exchange.
Not Confirmed yet.
Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and climbing
6- 50MA above 200MA
7- 200MA ascending.
8- Golden cross circled in blue
Cons:
1- ATR is descending, less volatile
2- Triangle not confirmed yet
3- RS below 0 but just a tiny bit
4- 50MA flat
Target price is 51.45$.
Again, stay humble, have fun, make money!
MAAX!