Long
PDL.TO Watching for Upside Triangle Break
Strong uptrend recently.
Consider purchase near triangle support.
Looking for potential breakout to upside in alignment with uptrend.
This trade is more of a trend trade, buying near support, than a triangle trade since it does not involve waiting for the breakout.
Volume is very low!
No current position. Just popped up on the screener list. On initial analysis gave it a 4:1 ratio based on a reasonably achievable target.
Consider purchase near triangle support.
Looking for potential breakout to upside in alignment with uptrend.
This trade is more of a trend trade, buying near support, than a triangle trade since it does not involve waiting for the breakout.
Volume is very low!
No current position. Just popped up on the screener list. On initial analysis gave it a 4:1 ratio based on a reasonably achievable target.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.