Pinnacle West Capital Corporation
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$PNW - I can literally feel myself turning into a permabear

99
You know I've had to hold myself back from posting just to prevent myself from getting too emotionally set on seeing a bear market within the next few months. That being one reason, & 2nd reason being to the tendency to stay away from a trade that isn't a clear top or a clear bottom with a direction clear enough for me to take a high or even semi-high risk on. Since we're in such a retaliatory bull market, the only post I've made calling for a ticker going into bear market (with high confidence) is $GS. I've done my own research, & if you wana take my word for it - you'll stay FAR the fuck away from financials (DFS, JPM, $C, PFG, BMA, COF, GGAL, GS especially). To keep this on topic - current free cash flow / equity is in the same trench it's been in only in 2001 & 2009. On a chart, it's hovering a few basis points above those extremes. But to put that more into perspective, if you think TSLA burns through cash, PNW has an even lower Altman-Z score (.93 vs 1.32). The only difference is 1 of them has dividend obligations.
İşlem aktif
Typically I would've stopped out @ this point - but I typically would've kept more of a loose stop had I thought the trend was even slightly bullish. Hella good opportunity to double down. Should see some consolidation before a breakdown, but I think this is @ or around the highest point price action is gonna make.
İşlem kapandı: durdurma seviyesi

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.