PNR High-risk Initial LongPNR High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
PNR
PNR.NYS_Swim Trading VZ Breakout Trade_LongENTRY: 77.32
SL: 72.93
TP1: 80
TP2: 82
- ADX<20. Would like it to be higher.
- RSI>50.
- Holding around pivot point "P". Optimal if price maintain above it.
- Entry based on breakout from VZ yesterday.
- Strength meter shows weakness so entered with lower risk.
Pentair (PNR) Symmetrical Triangle PNR has formed a symmetrical triangle which resulted in a break out.
PNR - Buying OpportunityPNR looks like it wants to move higher. It has bounced off with high volume off support. I am a buyer at current levels targeting recent highs. My TP will be $0.240 (potential 7% gain) with a stop below the lows.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Will PNR outperform S&P?This bullish stock has been in uptrend since Oct 2020. Attempted to break all time high $69.88 on 10 May. Price is moving in tandem with S&P as well. Closest support at $65, else lower at $59.
PNRsolutions that help people move, improve and enjoy their water, to our sustainable innovations and applications, Pentair makes the most of life’s essential resources.
The 17 analysts offering 12-month price forecasts for Pentair PLC have a median target of 60.00, with a high estimate of 70.00 and a low estimate of 48.00.
#PNR $PNR Entry = 0.205
Stop = 0.170
In at 0.205 don't want to see 0.170 break or the move is over.
TBH the chart doesn't look that great. BIG Weekly H and S = Bearish, Weekly MAs have crossed bearish, Dalay MA,s Crossed Bearish.
Positive's
61.8 fib zone is good reversal zone.
Volume in lately soaking up the supply.
Weekly 200ma at 0.190
Good support zones at 0.190
Gold/Aud chart looks good.
Lets see risky play..
PNR Goldies getting some loveH&S made target @ .210. Needs to break out of the daily resistance line. Looking for a small pullback and the potential to form a cup & handle on daily chart. Weekly MACD crossed bullish. Looking for the daily MA to cross and price to break out of upper resistance. Zone's of congestion/interest marked on the chart where lot of shares have changed hand in the past. Worth keeping in mind. Looking for potential handle to form before .185..
Do not want to see .165 break ..
PNR Quarterly ChartPentair makes all kinds of equiment for fish farms which will be required in the not too distant future to maintain population growth as the seas continue to decline.
I see 30% pretty easily in the next few quarters. 100x off the bottom is 127 dollars another key level to watch if we dont correct very much after my (potential) wave 5 completes
Be sure to manage your risk
gl hf
xoxo
sn00p
#PNR double bottom + trendlineTwo strong signal to buy #PNR. First one is double bottom ~58.40... the second one is bottom of trendline.
