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PSDV - Speculative Breakout long from $1.31 to $1.93 & Higher
Long
PSDV - Speculative Breakout long from $1.31 to $1.93 & Higher
By AcornWealthCorp
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Dec 6, 2017
0
Dec 6, 2017
PSDV is another speculative play. It also seems breaking out of a pennant formation on strong volume. We would consider a small positing here.
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Speculative Breakout trade (Small Position)
Entry Target Criteria- Current label ($1.31)
Exit Target Criteria- $1.93 2nd Target $2.23
Stop Loss Criteria- $1.19
Indicator Notes- Strong financial Ratio (Debt/Eq: 0, Lt Debt/ Eq: 0)
Special Note- Insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Beyond Technical Analysis
Chart Patterns
LONG
PSDV
Trend Analysis
uptrend
AcornWealthCorp
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