Write sometning about your psyhology thinking before trade? theare is tension between me and lars so this should be the last trade
Describe the trade. What you see? price will go up to the upper support
What can I take away to help with later trades? that you put trailing stop too soon up, not wait for the pullback
After Q4E Reverse DCF models increased fair value from 5.46/7.45 - 5.93-7.71 suggesting stock is now 107-169% undervalued. Price to PeL is now 277% >current. Revenue has increased 31% YoY and 30% QoQ.
Symmetrical pattern is neutral until decisive breakout.
Initial PT ≈ 3.5, then 5.2 MACD pointed up, right under 0 (Good for strong breakout), Momentum has been less negative. 3rd downtrend line break confirms end of minor move down within intermediate wave.
DCF Models 5.46- 7.45
W/in symmetrical triangle. Severely Undervalued. Increasing Income & decreasing debt. overweight as of 22DEC.
Steep decrease from 2015 way over down and is now starting to move back up. Institutions have been accumulating.
This company has great fundamentals. Price to Earnings: 1.88 & Earnings/Share (ttm): 2.01 Financial statements indicates positive income statements. Analysts target price is $4.00, Average trading volume is 2.00M +, so liquidity will not be an issue.
On the Technical aspect, it follows closely to weekly price trend. Trades in upper Bollinger Bands. Opens low and...
PDLI has clearly broken out of its triangle formation, confirming the pattern. Using the measure rule we can predict a best case price target of just over four dollars. PDLI has already made half of that movement upward, so the risk-reward today is much less enticing than it was immediately after its breakout. It also broke out rather close to the apex of the...
PDLI, for the past 3 years, has experienced annual runups usually beginning in Winter and ending in Fall the following year. In observance of this trend, I believe PDLI will fall for the next few months (Dec. and Jan.) then begin its reversal to continue its long term bull rally through fall of 2014.
I suggest buying anything under 8.20, sell at 11.50 or...