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CoryMitchell-CMT
May 7, 2018 10:01 PM

Uptrend Swing Trade in PBL.TO Long

POLLARD BANKNOTE LIMITEDTSX

Description

Relatively straightforward swing trade in PBL.To. Stock has been in uptrend and recently pullback. On May 7 it broke it out of a consolidation to the upside, indicating a potential continuation of the uptrend. Reward:Risk is great at close to 6:1. Approximate trade levels marked on chart (my exact trade levels may vary).

Finding and trading stocks is covered in the swing trading course: vantagepointtrading.com/stock-market-swing-trading-video-course/

Disclosure: long.

Comments
o2cool
Ugh. Set a target of $24 for this one and didn't get filled on the run up. Lesson learned; use targets that are a few cents below whole numbers if your in that ballpark (i.e., $23.95 in this case). Interested to see if it can take a second run at it. Give it better than 50% odds. Will see.
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