$PAAS Establishing Upward Trade Channel Despite Sputters

29 Ara 2020

PAAS seems to be re-establishing its upward momentum despite resistance from the overall market.

This trader has placed a long call on PAAS, as well as doubled down on the stock position during today's slight dip. Both could be 2+ week holds waiting for this trend to firm up and shake out some investors on the inevitable dips. We do seem to see the establishment of a new trade channel. Relative highs at 39/s are a long term target for the bounceback during this time.

GL, etc

-BDR

29 Ara 2020

Not

This is trading way too sideways and is not staying within the channel. False flag. lol.

31 Ara 2020

Not

Just when I thought it picked back up its previous trade channel it fell below it again. There is a strong correlation here statistically, but the overall strength of this stock w/ a down day is interesting at least. I am still carefully monitoring this mostly for re-entry, at this point.