CHX: Ascending Triangle, Confirmed (46,31%)(11/1000)

(11/1000)

Ascending Triangle for CHX.
Confirmed. Possible 46% gains.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and climbing
6- 50MA above 200MA
7- 50MA and 200MA ascending.
8- RS above 0 and climbing

Cons:

1- ATR is descending, less volatile


Target price is 48,24$.

Again, stay humble, have fun, make money!

MAAX!