Nice breakout pattern setting up on $PAGS. The stock been trading in a tight range right underneath pattern breakout level. Low volume in recent days indicates supply has stopped coming in. Earning coming out after the close tomorrow makes it hard to establish a position until that's out of the way. That said, volume pattern is suggesting price ready to move higher and earning could be the catalyst for such a move.
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✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.