Cape-Peninsula-Capital

Ramaco Resources

Long
NASDAQ:METC   Ramaco Resources, Inc.
Chart pattern: Bull flag

Entry: Immediately

Stop: 3.55$

Target: 6.40$

Stopmanagement: ATR Stops daily chart default settings

Description:
The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the 1:1 Fibonacci extension of the former impuslive move.
Trade active
Comment:
Stopmanagement: 3.80$

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.