Panjang
PVG - Channel formation Long from current label to $12

PVG is a "Streath" call from way back - It came in our fallen angel scan recently & now we are also looking as a Downward channel play. It is looking a very strong long from current price.
Trade Criteria
Entry Target Criteria- Break of $8.30
Exit Target Criteria- $12
Stop Loss Criteria- $7.77
You can check detailed analysis on PVG in the trading room/ Executive summary link here-
youtube.com/watch?v=T2l8ndG-bzQ
Time Span- 1:45"
Trade Status: Pending
Trade Criteria
Entry Target Criteria- Break of $8.30
Exit Target Criteria- $12
Stop Loss Criteria- $7.77
You can check detailed analysis on PVG in the trading room/ Executive summary link here-
youtube.com/watch?v=T2l8ndG-bzQ
Time Span- 1:45"
Trade Status: Pending
Nota
We re-checked the trade in our Live trading room & the highlights are as below - PVG looks a complex inverse H&S formation, and 61.8% Fib retracement predicts a target of $12.42.
In the long term it also looks a big Flag formation with a target of $17.
So overall Technically very strong with huge upside potential.
Dagangan aktif
(Note: Trade update is delayed here. To get updated & get new Trade Ideas - Please subscribe to our Newsletter)Relevant Updates:
January 4th- gapped up & went up another 5% today. Total 11.93% profit in 2 days!! Would consider taking some profit here & updating stoploss to $8.73
January 3rd- Traded into opening price in hourly hours, went up further and closed the day 6.5% higher.
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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.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.