LeLaf

PBF: Ascending Triangle, Confirmed (78,49%)(18/1000)

Long
NYSE:PBF   PBF Energy Inc.
(18/1000)

Ascending Triangle for PBF.
Confirmed. Possible 78.49% gains.

Pros:
1- Bullish Ascending triangle, Confirmed
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and ascending
6- 50MA above 200MA
7- 50MA and 200MA ascending.
8- RS above 0 and ascending

Cons:

1- ATR flat, less volatile
2- No high volume at break

Target price is 85,71$.

Again, stay humble, have fun, make money!

MAAX!
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