Symmetrical Triangle on $PRTS Daily Chart

10 Eki 2020

Breakout to the upside anticipated sometime next week (around 5 trading days or less)

13 Eki 2020

Not

Happened in 2 trading sessions. Strong breakout on higher relative volume. Mid-term (1-3 months) PT: 22.92

14 Eki 2020

İşlem aktif

OPTIONS
entry PRTS 15 20 Nov 20 Call 100 @1.05 average
current gain: 23.81%

16 Eki 2020

İşlem aktif

-33%

18 Eki 2020

Not

Next trading couple session anticipate reaching 14.75 (PT for this trade)

19 Eki 2020

Not

Looks like prices are consolidating. In the context of a volatile market, PRTS has slowed down while not giving back much of the gains from the breakout bar.

27 Eki 2020

İşlem elle kapatılmış

Decided to close this position because markets have been volatile and expiration is less than a month away. Small gain --> sold options @1.10.

Price did reach my short-term PT of 14.75 (today's high was 14.90).

Perhaps was overly cautious with this trade.