PARCL

Here’s a great opportunity with this asset. The juice is not too high but remains interesting. The chop is well loaded on the daily, indicating a strong movement is in preparation. The price action is more favorable for an upside. With an investment having a 50% exposure to loss, we can aim for a 2X return for the first theoretical target and a 4X for the long-term target. You can smooth out your entry with DCA to better position yourself.
Chart PatternsSupport and ResistanceTrend Analysis

Penafian