timwest
Long

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

NYSE:P   PANDORA MEDIA INC
293 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
Looking good in price movement - volume needs to pick up steam
Reply
Because the volume is so light in this pullback, I want to see volume pick up on the rally. Keep a close eye.
Reply
*** Key Hidden Levels - Earnings = A subscription package of scripts that plots the "key levels" for you automatically on all stocks with earnings
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out