PIBTL displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the stock within the designated buy back zone (6.50-6.80 range), while setting stop loss orders below 6 to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from the neckline, anticipated around the 7 area. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 7.50 and a final target for exiting the trade will be around 8.
Komen:
First target achieved