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It appears that PCP has hit it's resistance level, having bounced off 144 (roughly) 3 times today, or am I reading that wrong? If that is the resistance level, and if volume is increasing, does that mean there's good potential for this one to shoot through resistance? Looks like after hours is still trading just under 144.
It appears that PCP has hit it's resistance level, having bounced off 144 (roughly) 3 times today, or am I reading that wrong? If that is the resistance level, and if volume is increasing, does that mean there's good potential for this one to shoot through resistance? Looks like after hours is still trading just under 144.
Yes, that is the current resistance, as seen on the chart below. But that makes a nice cup for PCP, and now if PCP forms a handle, PCP will be set up perfectly for a powerful, explosive move towards $180+. It is really a beautiful chart.
Looks like you got your wish, NBB! Now I wish that PCP hits 167.3 in 4 weeks or less... let's see if I can get mine, too.
Yes indeed, Jiesen. I hope you get yours in lightning like fashion! Wonderful MM pick, imho. I sold mine today at $146.00 (bought at $137.26). Looking to play the options on this one next time around. Why, you ask? Because I am going to be out of town all next week, and I don't like to leave money on the table without keeping my eye on it.
AMZN rates +93% this afternoon. AMZN is in the Voodootrader Top 100. AMZN just generated an S8 long signal, to buy th' open tomorrow t' risk 4% .... If one looks at your much-liked Point and Figure chart, it targets $99.00.
Just doing some S8 signal reviews and thought I'd follow-up. It did not hit the +40% target prior to taking risk.
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