CNQ: Ascending Triangle, Confirmed (39,79%)(29/1000)

(29/1000)

Ascending Triangle for CNQ on the daily chart.
Confirmed
Possible 39,79% gains.

Pros:

1- Bullish Ascending triangle
3- PPS above 50MA and 200MA
3- R/R ratio above 5
4- 250RSI above 50 and ascending
5- 50MA and 200MA ascending
6- RS above 0 and ascending
7- 50MA above 200MA

Cons:

1- ATR flat, less volatility

Target price is 86,99$

Stay humble, have fun, make money!

MAAX!