PAGERDUTY INC

NYSE

PD

Short term, longer time frame trade setup. 3 to 1 R/R. BLUE ENTRY 44.55 RED STOP 43.45 GREEN PROFIT TARGET 47.95

PD has consolidated 20% since ATH on June 17. Similar recent consolidation bottomed out at 43.77 on June 4 and led to sharp rebound.

PD stock had its IPO earlier this year and after scaling new heights, it came down and reached its support earlier this week around 44 to 46, and has a good growth potential for the foreseeable future. Based on latest earnings reports, the company is doing well and can see significant increases in stock price. A definite buy.

PDS: Precision Drilling Corporation 2019-03-18 06:00:00 Precision Drilling Announces Asset Divestitures, Senior Note Redemption and Provides International Contract Update - GlobeNewswire

PDS: precision drilling corp 2018-07-09 06:00:07 Detected possible contract awarded

- Rising Wedge Formation w/ major resistance @ $9.33 - SMA (100,200) Crossover on weekly chart - Resistance Level is @ the 50% retracement from the previous high/low - First Price Target @ $11.16 - Second Price Target @ $12.82 - Sharp recovery of last weekly candle to finish above key moving averages.