PGEL - Bullish
This stock has following attributes after testing the support at the Price Action line
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 7 sessions
7) Very strong Northward Price action after breaking out from Price Action
Once the price gets back in the parallel channel the onward
journey will resume
Ideas and Analysis is a academic exercise and no recommendation to BUY
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 7 sessions
7) Very strong Northward Price action after breaking out from Price Action
Once the price gets back in the parallel channel the onward
journey will resume
Ideas and Analysis is a academic exercise and no recommendation to BUY
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.