PGAS - CUP WITH HANDLE

31 Eki 2022

I have positions today

Why I buy the stock:
1. Low-risk entry
2. It forms a classic cup and handle pattern
3. High relative strength.
4. Volume decreasing (1-2 punch), less supply coming to the market.

Also, the stock closes good with huge volume on the breakout.

31 Eki 2022

İşlem aktif

I like to see the stock pause for at least a day or two to develop a proper and stronger handle. Then, I might consider pyramiding my position.

7 Kas 2022

İşlem kapandı: durdurma seviyesi

Stopped out today at -5% loss.