PPP LONG TRADE
- *Historical Performance:* PPP started a gradual uptrend in 2013, followed by a spike-like upturn in April 2017, reaching 135. The stock then traded in a range between 35 and 137 until the start of this year.
- *Breakout and Pullback:* PPP broke out of this long-term trading range with strong volume distribution. After the breakout, the stock experienced a slow pullback, touching the breakout level and the major gap created by the breakout spike. Recently, it has shown reversal signs upwards.
- *Current Setup:* The stock is primed for an up move.
🚨 TECHNICAL BUY CALL – PPP🚨
- Buy levels:
- Current level: 170
- 162
- 155
- Targets:
- TP1: 190
- TP2: 210
- TP3: 231
- Stop Loss: Below 125
- Risk Reward Ratio: 2.4
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
- *Historical Performance:* PPP started a gradual uptrend in 2013, followed by a spike-like upturn in April 2017, reaching 135. The stock then traded in a range between 35 and 137 until the start of this year.
- *Breakout and Pullback:* PPP broke out of this long-term trading range with strong volume distribution. After the breakout, the stock experienced a slow pullback, touching the breakout level and the major gap created by the breakout spike. Recently, it has shown reversal signs upwards.
- *Current Setup:* The stock is primed for an up move.
🚨 TECHNICAL BUY CALL – PPP🚨
- Buy levels:
- Current level: 170
- 162
- 155
- Targets:
- TP1: 190
- TP2: 210
- TP3: 231
- Stop Loss: Below 125
- Risk Reward Ratio: 2.4
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。