PACS Group, Inc.Long
PACS GROUP
PACS GROUP
One of the stocks identified in the IBD 50 index.
This is a a recent IPO.
A first long leg show an gain of 83%
A recent consolidation with higher lows and volatility contraction (VCP).
Entry 1: 39
Entry 2: 41
Entry 3: on breakout: 42
Stop loss: 37.86 (1 ATR = 0.5% of the capital)
The idea is to build a position step/step, manage the risk of portfolio, the stop loss shall be raised up after Entry 2, Entry 3, to keep a risk around 0.5% of the capital equal to 1 Average True range (ATR)
Conclusion: looks correct opportunity, to be followed up for a possible trade to build up.
One of the stocks identified in the IBD 50 index.
This is a a recent IPO.
A first long leg show an gain of 83%
A recent consolidation with higher lows and volatility contraction (VCP).
Entry 1: 39
Entry 2: 41
Entry 3: on breakout: 42
Stop loss: 37.86 (1 ATR = 0.5% of the capital)
The idea is to build a position step/step, manage the risk of portfolio, the stop loss shall be raised up after Entry 2, Entry 3, to keep a risk around 0.5% of the capital equal to 1 Average True range (ATR)
Conclusion: looks correct opportunity, to be followed up for a possible trade to build up.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.