Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
Golden cross in blue
ATR Ascending
R/R ratio above 5
Cons:
250RSI below 50
200MA flat
Target:
PT = 0.285$
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For the weekend something a little crazy. I want to find out how Fibonacci works with a penny stock below 0.1 CAD. For this I have some stocks technically analyzed and this I would like to publish, so that you also have something to look with. I am curious how this experiment will develop.
BC= Retracement (not finished I guess (C-Point))
CD= Push (next expected...
