PCOR has been in a sustained uptrend for 6+ qtrs. It's currently in a TTM Squeeze and the price just bounced off the 21 EMA (for a decent entry). We also just cleared the prior high, providing a nice new support zone. Rather than buying calls, I'm going to sell some PUT credit spreads on this one.
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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.