Bullish pennant for PSTG on the Weekly chart.
Not confirmed.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 but barely
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 Marth 2021
8- Post formed with volume
9- Descending volume during pennant forming
Cons:
1- Figure is not confirmed
2- No break out yet
3- ATR flat
If confirmed, target price is 53,52$
Again, stay humble, have fun, make money!
MAAX!
Not confirmed.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 but barely
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 Marth 2021
8- Post formed with volume
9- Descending volume during pennant forming
Cons:
1- Figure is not confirmed
2- No break out yet
3- ATR flat
If confirmed, target price is 53,52$
Again, stay humble, have fun, make money!
MAAX!