climbing_stars

PCLN bull run before ER? Or rolling over?

BATS:PCLN   None
0
I FIRST WANT TO CLARIIFY THIS IS A SHORT TERM PLAY. PCLN long term is in a massive rising wedge with declining volume to confirm the wedge. I am bearish long term. I do think we could maybe get a short rally into ER though. Reason being because PCLN bears has been rejected 3 times at the $693 level. Could be we forming a bull flag? Or rolling over? If we break and hold below $693 I believe $680 is easy. There is way more profit to the upside though. My first target is $745. My second is way up around $770. PCLN has extreme volatility, so we will see what happens next week. Play with caution though if it breaks out of the wedge on the downside, expect massive declines.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。