PGAS - CUP WITH HANDLE

Atualizado
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.
Trade ativo
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.
Trade fechado: stop atingido
Stopped out today at -5% loss.
cupandhandePGASTrend Analysis

Aviso legal