We do not actually know the fundamentals of this company, but going by the chart alone, this one still has a bit to drop. And that it will, because fractals never lie.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red....
PAGP is looking a very good Momentum short setup. It seems broken down from a falling wedge formation. Moneyflow also had a strong decline to the negative side. We think it will be a good momentum short trade up to as low as $15.
* Trade Criteria *
Date First Found- May 4, 2017
Pattern/Why- Wedge breakdown momentum short.
Entry Target Criteria- Break of...