TradingZzone

$HUSA bullish pennant formation in weekly

Long
AMEX:HUSA   Houston American Energy Corporation
$HUSA bullish pennant formation in weekly TF.
However, it's not ready yet for a breakout, the weekly candle closed bearish (Hanging man) and was not able to break the upper trendline.
I think it will first dip to $3.7-4 before the big move, anyway, it needs to breakout with above average volume to confirm that pattern..
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