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
PAAS has been building uo momentum and it's movement is getting parabolic towards last high at $19.20It 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 PAAS, HOD reached 20.55Slow and steady move, momentum should come near our TP at 21.30
move stops break even and make this trade loss proof
Congrats,
Note
.25c from first Resitance/TPgood job if you joined this trade!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.