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PR: Ascending Triangle, Confirmed (55.80%)(17/1000)
Permian Resources Corporation
Long
PR: Ascending Triangle, Confirmed (55.80%)(17/1000)
By LeLaf
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Aug 13, 2023
7
Aug 13, 2023
(17/1000)
Ascending Triangle for PR.
Confirmed. Possible 55.80% 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
9- Golden Cross circled in blue
Cons:
1- ATR flat, less volatile
2- No high volume at break
Target price is 18.62$.
Again, stay humble, have fun, make money!
MAAX!
Triangle
LeLaf
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