PRZM - Flag formation Long from $0.88 to $1.46
PRZM is forming a flag formation technically, and in the fundamental side it is being rewarded a large payout. Both suggesting further upward move. We think it can go up to $1.50 area shortly.
* Trade Criteria *
Date first found- March 9, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $0.88 - $0.90
Exit Target Criteria- $1.46
Stop Loss Criteria- $0.74
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- March 9, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $0.88 - $0.90
Exit Target Criteria- $1.46
Stop Loss Criteria- $0.74
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active:
March 10th - Traded upward & hit entry price. Now Wait & see.
Comment:
March 13th (Evening) - Still like it. Needs to break downtrend flag shape ($0.87).
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