Pizer reacted to 200 EMA as well as one of the most important support levels(green line) and just gets out of the downward regression channel.
I think it is highly likely we see higher prices in the coming days.
My yesterday analysis: (it was not published publicly):
Entry: 41.55
Stop loss:40.92
Reward/Risk:5.03
Target range: 44.55
Time Frame: 2Wks
Possible gain: 7.635
Possible loss: 1.52%
Position size: 5 % of trading capital
This is a trade opportunity before the next earning call
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
I think it is highly likely we see higher prices in the coming days.
My yesterday analysis: (it was not published publicly):
Entry: 41.55
Stop loss:40.92
Reward/Risk:5.03
Target range: 44.55
Time Frame: 2Wks
Possible gain: 7.635
Possible loss: 1.52%
Position size: 5 % of trading capital
This is a trade opportunity before the next earning call
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.