Largo
$PAAS possible cup n handle breakout

According to my chart,
PAAS has been building uo momentum and it's movement is getting parabolic towards last high at $19.20
It will need high volume since there will be some action. the indicators show possible bull strenght allowing me to take a long/buy order right on top of the last high zone with a tight stop using the supertrend levels.
My targets are according to fib levels and it sits near 21.75 23 and $30
We could use VWAP in case there is a pullback from top. not chasing it in case it turns into a bear scenario
It will need high volume since there will be some action. the indicators show possible bull strenght allowing me to take a long/buy order right on top of the last high zone with a tight stop using the supertrend levels.
My targets are according to fib levels and it sits near 21.75 23 and $30
We could use VWAP in case there is a pullback from top. not chasing it in case it turns into a bear scenario
Nota
Nice 1 point gain on Slow and steady move, momentum should come near our TP at 21.30
move stops break even and make this trade loss proof
Congrats,
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.