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RizeSenpai
Sep 15, 2023 4:35 PM

PRA Group: Bullish Shark at a Weekly Support Congestion Zone Long

PRA Group, Inc.NASDAQ

Description

PRA Group is currently trading above a Support/Resistance Congestion Zone visible on the Weekly Timeframe, and at this zone it has formed a decently sized Bullish Shark pattern with a Bullish PPO Arrow as confirmation, and this all happens to align with the all-time 0.786 retrace. If this plays out, I think it could come back up to make around a 0.886 retrace, which would put it at around $60.

For further context, PRA Group is a Debt Buyer/ Collector, which is something that furthers my interests in the stock.
Comments
blackthornhedge
Stock shorts itself down to 4.58 by 2024
blackthornhedge
Get out while you can
blackthornhedge
Dump is coming
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