BLOC(CAD)/BLKCF(US) - Pennant formation Long from $2.57 to $4.35
BLOC(CAD)/BLKCF(US) is looking very interesting. It has come out of a flag formation & now seems forming a pennant formation. Both the Flag & pennant is suggesting a strong upward move. So we would consider a long from current price.
* Trade Criteria * Date First Found- December 5, 2017 Pattern/Why- Flag formation, Potential Pennant formation Entry Target Criteria- Current label $2.57 Exit Target Criteria- 1st Target $4.35, 2nd Target $5.15 Stop Loss Criteria- $2.15
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