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Chartoholic
Jan 6, 2021 6:39 PM

Polaris broke out of pennant pattern Long

Polaris Inc.NYSE

Description

NYSE:PII broke out of the pennant pattern and is now targeting 111$ ~ 112$ and then the sell at around 130$, any pullback is considered a buying opportunity. Stop level around 86$.
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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
Koops_World
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?
Chartoholic
@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.
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