CPNG - Pennant Breakout test

28 cze 2023

• Price coiling above 200DMA on a 7x volume. Yesterday's reversal was very timely. now it needs to push to 20 and again base there for a breakout to test 27 where sellers would show up.
  
• Plenty of time to get in. test of 20 and breakout will provide bigger R/R as nervous sellers could put downward pressure below.
  
• Disclaimer: Long via commons at 16.63
  
  

5 lip 2023

Zlecenie aktywne

Holding well above the MAs and around the trendline. Breakout will need additional volume...Likely to remain choppy below 20.

12 lip 2023

Zlecenie aktywne

Playing as per plan. I got shaken out last week, but set up is too strong to ignore. Will add soon.

21 lip 2023

Zlecenie zamknięto ręcznie

As expected acting choppy. Closed yesterday. will watch for another entry.