LeLaf

INVE: Ascending triangle, Confirmed

Long
NASDAQ:INVE   Identiv, Inc.
Ascending Triangle, confirmed
Currently boucing off the red zone after reversal on Jan 29th gap fill
Pros:
R/R Ratio above 6
Descending Volume
Volume at break out
PPS above 50MA and 200MA
250RSI above 50
Cons:
200MA Flat
RS Flat
If PPS reverses on red zone,
Targets:
PT1 = 5,75
PT2 = 5,90
PT3 = 6,39
PT4 = 6,87
PT5 = 7,56
PT6 = 7,62
No resistance above.
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