Chartoholic

Polaris broke out of pennant pattern

Long
NYSE:PII   Polaris Inc
NYSE:PII broke out of the pennant pattern and is now targeting 111$ ~ 112$ and then the sell at around 130$, any pullback is considered a buying opportunity. Stop level around 86$.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: target reached

Comments

You nailed this! Well done! I just started watching this stock today as it's had a flat base for weeks now and might break out again. Thoughts?
Reply
Chartoholic Koops_World
@Koops_World, Noting the current market pullback and how the stock is performing, I say Polaris is still bullish and flagging again. Anything between 110$ and 120$ is a buy, the stock should target 155$ when it breaks the flag and clear the 138$ level.
Reply