zukedu

PRA Long on Descending Channel Divergence [Entry Attempt #2]

Long
zukedu Pro Updated   
NYSE:PRA   ProAssurance Corporation
Pros:
- MACD and FI divergence
- Spinning top / doji + big green candle, followed by a hammer with a really long tail. (Bear lost their strength on the big push down)

Cons:
- Profit target may be quite limited as the range will only allow for about 1.5-2R until a breakout occur
- Not clear uptrend on daily and downtrend on weekly

Overall Trade Grade: TBD
Order cancelled:
Order not filled, trading canceled
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