PACB trade ideas
PACB Swing SetupPACB Swing Setup 6-16-17. Waiting for 20, 50 & 100 MA's to come back toward the 200 MA and for price to breach the 200. No position currently.
$PACB hourly chartRecovery uptrend looks poised to continue following orderly pullback to support line.
breakout 9.23 and SMA200 almost at the same level is going to be a critical level of breaking point, next level pf resistence is 10 and 10.71...the others moving averages are right now at that last price
$PACB buy buy buy Pullback to rising 50-hourly-sma in a new recovery uptrend, possible increase in momentum.
M patternLooks like we have one of those 'M's popping up. Only reason I'm posting this is because a retracement at 61.8% (golden ratio or something) lines up with my other longer term bull prediction and it helps explain the recent shoot downward. Ms usually have an explosive retracement from what I've seen.
Buying as soon as retracement starts to happen.
$PACB - Spiking with volume but under trend lineWith a 1.84 Risk/Reward ration , I'm confident with this chart staying under the resistance trend line.
If if goes above resistance and closes above it; it will be time to move on.
PACB, 2 longsPACB Tilted C&H & Inv H&S & Gap-Fill, Longs, Short Term 1st Gap to 5.25, Next ~C&H & Inv H&S Target @ 11
