PG : Booked a profit of 8.39% on the invested capitalPrice has reached a key inflection point from a pattern perspective and there is high probability for a reversal move to the low of the converging channel. Moreover, the US market is quite over valued as of now from a technical as well as from a fundamental point of view. So I do expect a sell-off to hit the market anytime in the near future.
So, decided to book profits from the current levels although I'm aware of a potential move of about 5% more from the current levels to the all time highs.
Will consider a re-entry if price crashes and comes back to the low of the channel.
Previous post regarding the same scrip is attached underneath. Do check those out.
