$PACSPotential "ABC" flat spotted. Looking for retracement up to or past the 18.05 mark.Longby Redimere_910
PACS GROUPPACS GROUP One of the stocks identified in the IBD 50 index. This is a a recent IPO. A first long leg show an gain of 83% A recent consolidation with higher lows and volatility contraction (VCP). Entry 1: 39 Entry 2: 41 Entry 3: on breakout: 42 Stop loss: 37.86 (1 ATR = 0.5% of the capital) The idea is to build a position step/step, manage the risk of portfolio, the stop loss shall be raised up after Entry 2, Entry 3, to keep a risk around 0.5% of the capital equal to 1 Average True range (ATR) Conclusion: looks correct opportunity, to be followed up for a possible trade to build up. Longby NicolasPT1113
PACS - finding supportPacs is a Utah company from Farmington. they have had great growth and price seems to be looking for support. lets see how the legacy trend hold up to the recent sell off. the grey color is weekly interest the pink is monthly. red is daily by StudyGuideTA1