PHDC | Timeframe: 1 DayA correction within a major uptrend is gaining momentum for a continued price rise. This presents an opportunity for current holders to enhance their positions and for those not yet in the stock to enter with low risk.
Numbers as follows:
- Entry: After daily close above $15.10 (triggered). Current price: $15.23
- Stop Loss: $14.60 (daily close). Potential loss: 5%
- First Target: ~$17.00. Potential profit: 11% (most likely)
- Second Target: ~$18.00. Potential profit: 17% (main target)
*Disclaimer: This analysis is based on chart data and is not investment advice. Consult your account manager before making any investment decisions.*
Good luck!
Note
power of uptrend Order cancelled
This takes a lot of time and is an indication of a weak in buying bower
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.