TradingView
Swing_Trade_Charts
Oct 14, 2023 6:29 PM

PAA Time to take profits 

Plains All American Pipeline, L.P.NASDAQ

Description

Its been a great recovery week for PAA as it fell out of the bullish channel in the beginning of the month but as predicted, it has bounced back, hard! Bought Jan 26 15c for 1.10 last Friday. Currently worth 1.52 representing a 38% gain in a week. Although its been a great week, we are nearing over bought territory and want to lock in some gains. Will sell once 9 day HMA heads downwards. Will buy back after next pullback.
GL!!
More