PG : Booked a profit of 8.39% on the invested capital
Price has reached a key inflection point from a pattern perspective and there is high probability for a reversal move to the low of the converging channel. Moreover, the US market is quite over valued as of now from a technical as well as from a fundamental point of view. So I do expect a sell-off to hit the market anytime in the near future.
So, decided to book profits from the current levels although I'm aware of a potential move of about 5% more from the current levels to the all time highs.
Will consider a re-entry if price crashes and comes back to the low of the channel.
Previous post regarding the same scrip is attached underneath. Do check those out.
So, decided to book profits from the current levels although I'm aware of a potential move of about 5% more from the current levels to the all time highs.
Will consider a re-entry if price crashes and comes back to the low of the channel.
Previous post regarding the same scrip is attached underneath. Do check those out.
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