PGC: Cheap valuation, strong accumulation, ready to fly
PGC is offering an amazing buy signal here. We have a potential explosion pattern building, and if we break above the key earnings resistance above, we could see the 22.36 target get hit in the intermediate term.I'm already positionied in this stock, and looking to add once we break the resistance. For now, you can jump in at market and add aggressively above 20.85 using the same stop loss.
Valuation for this company is very cheap, and they are profitable, which gives way for a perfect technical and fundamental trade.
Good luck!
Ivan Labrie.
Nota
Booya, add to the trade here, 1/2 of the size of the first entry, or enough to risk up to 1% if you risked less.Nota
Hold!Nota
Great progress really.Nota
We can short calls at the money tomorrow, for 1 month or simply take profits. The trade has good long term potential, but we have considerable risk tomorrow.Dagangan ditutup: sasaran tercapai
Nota
We can buy back in here, or wait for price to break above 22.70. Risk is $1.35 per share. (you don't really need a stop loss)Nota
I'm buying back at market open tomorrow.Long term target:
s3.amazonaws.com/tradingview/snapshots/f/fwgT2R32.png
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.