Rocketman

PWR - Quanta Services: Undervalued Stock

Long
Rocketman Updated   
NYSE:PWR   Quanta Services, Inc
Requirement fullfiled:
I was waiting for a pullback to $35 to $37 to add 250 to 300 shares targeting $49. I may, possibly, take 75% off at that point (I don't know...or just come back in 6 months to 12 months) - Then, leave 25% in. The price of $65 will be the next resistance after that; yet, I plan on holding this stock as long as investment is good and meets parameters. I don't want to care to much and just be guided by basic principles of investing this time around. On top of all the heaps of knowledge, I like how this stock is undervalued, providing another buffer to lead on that will see my through possible turbulent times ahead.



Trade active
Comment:
Beautiful! We got that 35 pullback again. And this time, it went to the 33 level of support:
Comment:
A convergence of horizontal and diagonal support. EL fulfillment.