TomProTrader

Prologic Inc: Opportunity To Get Long Out Of Support #Harmonics

NYSE:PLD   Prologis, Inc.
3
Nice opportunity to get into this stock, with 2 harmonic patterns supporting the fact we might get a long out of the ranges.

The Gartley and Crab, could complete at the same time, and after all, if there's more patterns in one area, the stock is more likely to reverse. I personally hope the Gartley comes in late for the consolidation support rebound. But we'll see.

Notice on the far side, (leg CD of the crab) There is a lot of exuberant selling. Usually when this exuberance is over, the bulls will jump in on the cheapest price after the exuberance

Tom
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