PL poised to continue up

dryanhawley Updated   
When I first posted about PL it was at 806, since then each time I posted about it it went up another 30 points.
Prior to me pointing out what a bargain it was it had fallen 150 points
from $946. One time it went up 50 point in one day, or $2500 in one day per contract.

Now it has developed a life of it's own, steadily climbing towards higher levels. I expect this to continue, the corrections have been minor since $844. My profit target for it is $935.
I will keep you all posted on our progress.

The trend indictors I use all indicate further up movement.
PL is very thinly traded, anyone could have gone in and brought the price down, and someone did, they sold for less that they could have to bring PL down a few points, this could lead to the next move down, stay tuned.

PS a move down could be even more lucrative than a higher high.

I may reverse my position.
I think it is rolling over now, not gonna trade it till it's clear.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ

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