PAM bullish entry, however, earnings day beware.

5月12日

Pampa Energy (PAM) is showing a strong investment opportunity.

The price recently reacted off a newly formed support area and has now broken out of a higher time frame descending channel—giving us the chance to enter at a favorable level. This breakout, combined with increasing volume, signals strong bullish interest.

However, it’s important to stay cautious: today is earnings day. Despite the bullish momentum, earnings can shift market direction quickly. A positive report could propel the price higher, but a negative surprise could trigger a sharp reversal.

I entered the trade yesterday and added to my position today. To manage risk, I’ve moved my stop-loss to just below today’s entry candle. Now, it's a matter of patience and discipline—letting the market reveal its next move.

5月13日

交易开始

PAM is behaving well today, and while it’s tempting to add to the position, the price is becoming overextended from the 10 EMA. This usually signals a potential pullback could be around the corner.

With that in mind, I’ll hold off for now. If a pullback does occur, it could offer a more favorable entry point, allowing us to strengthen the position with better risk-to-reward.