The800to1MillionChallenge

5th Trade: The Flag on PED

Long
AMEX:PED   Pedevco Corp.
The 5th trade for the challenge was the purchase of Oil and Gas stock Pedevco (PED). Paying down its debt and a new CEO taking the reins helped drive gains last week. The reason i chose the stock was due in part to the strong Bullish Flag formation and a confirmation signal on the AlphaR strategy.

Trade Details
09/07/2018 15:30 09/07/2018 Buy 150 PEDEVCO CORP@1.83 USD (US70532Y3036) Pedevco Corp USD -274.50

This leaves a very small balance left in the account.

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