PXT
came up on my screener and I wanted to share some ideas about a possible breakout strategy. My first attempt at looking at Fibonacci levels. So please shoot me some messages on how I can tweak this a little better.
Firstly, we are in an uptrend and currently trading above 180 & 200 Day EMAs with good fundamentals. We have entered in the 50% to 61.8% zone and awaiting MACD crossover for confirmation.