FUTU: Bullish pennant
Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 11
200MA ascending
250RSI above 50
If confirmed:
PT = 189.32$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 11
200MA ascending
250RSI above 50
If confirmed:
PT = 189.32$
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