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PCG has broken out of this descending wedge here nicely. I expect a nice rip to $18-20 first then to the $25-30 region.
Bull Flags are a Range patter & they are repeatable trading chart patterns. Bull Flags are a descending chart pattern that will have a directional bias (Long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern,...
EMA50 crossed EMA200, Uptrend Confirmation EMA50/200 as support zone Wedge Consolidation Entry 12 Stop 11 Target1 15 Target2 18 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
BUY PCG - PG&E CORP - STRONG BUY ON WEEKLY CHART
Long over 12.75 POC + breakout play
Set up: Wave 1 near completion Target 1: 15 Target 2: 20 All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice.
PCG swing I played from 8.9 to 10.5 zone. Ultimately looking for a rounded cup on this. 13 target in sights. ER coming up 10/29 so watch accordingly.
Time to fill some gap on pcg, the squeeze from the long swing I been waiting for has come. Speed bump zone at 10.01-10.50
come on pg&e im with you.. watch out for governer newsomes henchman starting fires ac-crossed the state. as a local we dont get fires til october when santa anas winds arrive. they just want your assets bunch of loosers!