Meet all the Momentum Burst criteria except for the ATR requirement — it needs to be >3%, but this one is only 1.92%.
Also, it may already be extended since the ATR extension has reached 7%. The consolidation before the breakout is not very clear either, so it might not qualify as a proper Momentum Burst setup.
I would classify this more as an ATH breakout setup rather than a Momentum Burst setup.
Also, it may already be extended since the ATR extension has reached 7%. The consolidation before the breakout is not very clear either, so it might not qualify as a proper Momentum Burst setup.
I would classify this more as an ATH breakout setup rather than a Momentum Burst setup.
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