TTI: Bullish Pennant, confirmed (56,08%)(23/1000)

(23/1000)

Bullish Pennant pattern for TTI. Confirmed
56,08% possible gains.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during pennant forming
9- Volume during post forming
10- Volume at break out

Cons:
1- ATR flat, less volatile
2- Gap was formed during post. At risk of a gap fill.

Target price is 8,29$

Stay humble, have fun, make money!

MAAX