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 active
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March 10th - Traded upward & hit entry price. Now Wait & see.
Comment
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March 13th (Evening) - Still like it. Needs to break downtrend flag shape ($0.87).