timwest
Long

Pandora Media Inc - P - Daily - Building a base on "key levels"

NYSE:P   PANDORA MEDIA INC
291 3 1
Nice base building here in Pandora and the solid test of "key hidden support" both on Tuesday and today (Thursday) is a good setup for a rally from here.

The recent price action is a sign that nervous longs were getting stopped out of their positions and short sellers are piling on to try to make back their losses from the big spike up from 26-29. That is what is known as a "bull flag".

Initial target is $29, then based on how it gets there, perhaps it can grind out another $2 move to $31.

Tim 12:33PM EST 8/28/2014 27.04 last
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
timwest PRO
2 years ago
*** Key Hidden Levels - Earnings = A subscription package of scripts that plots the "key levels" for you automatically on all stocks with earnings
Reply
timwest PRO
2 years ago
Because the volume is so light in this pullback, I want to see volume pick up on the rally. Keep a close eye.
Reply
timwest PRO
2 years ago
Looking good in price movement - volume needs to pick up steam
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out