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TaPlot
Nov 18, 2020 4:03 AM

$PAGS Consolidating under its 52 weeks high Long

PagSeguro Digital Ltd.NYSE

Description

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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