Long
$PAAS possible cup n handle breakout

According to my chart,
PAAS has been building uo momentum and it's movement is getting parabolic towards last high at $19.20
It will need high volume since there will be some action. the indicators show possible bull strenght allowing me to take a long/buy order right on top of the last high zone with a tight stop using the supertrend levels.
My targets are according to fib levels and it sits near 21.75 23 and $30
We could use VWAP in case there is a pullback from top. not chasing it in case it turns into a bear scenario
It will need high volume since there will be some action. the indicators show possible bull strenght allowing me to take a long/buy order right on top of the last high zone with a tight stop using the supertrend levels.
My targets are according to fib levels and it sits near 21.75 23 and $30
We could use VWAP in case there is a pullback from top. not chasing it in case it turns into a bear scenario
Note
Nice 1 point gain on Slow and steady move, momentum should come near our TP at 21.30
move stops break even and make this trade loss proof
Congrats,
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.