MOREPENLAB: Ascending Triangle and Cup and Handle Patterns BO
Morepen is brilliantly placed in charts with 2 Bullish patterns emerging, indicating an upswing.
In my opinion, the stock can easily add 10% from the current levels in a very short span of time.
Can be bought at current levels, keeping a stop loss at 67.
Supporting Technicals:
RSI: 64.3 (bullish but not overbought)
ADX: 28.3 (indicating strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
In my opinion, the stock can easily add 10% from the current levels in a very short span of time.
Can be bought at current levels, keeping a stop loss at 67.
Supporting Technicals:
RSI: 64.3 (bullish but not overbought)
ADX: 28.3 (indicating strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
Trade fermée: ordre d’arrêt atteint
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.