Hello again everybody! This awesome looking pullback is in PCYO water utilities! Although it could pull back further to the 11.30 mark, I've entered long here at 11.62 with a target of 12.30!
So, if there's one lesson that I've learned in my time as a trader, it's that you should never discount growth - no matter where it's coming from, and no matter how it's happening. This is especially true nowadays in the era of ZIRP, where people will pay through the nose for increasing top line revenues. And, if it looks like those growing revenues are recurring,...
Hello Traders, Pure Cycle Corporation NASDAQ: PCYO 9.17 / 9.10 VS 11.02 / 10.87 Looks like we are setting up for another Down move to retest the previous Low's and possibly Breaking 9.17 / 9.10 VS 7.98 / 7.43.
PCYO is making higher highs and higher lows but i think it's reaching a topping area and i'm expecting a wave down.
So almost exactly one year apart is this HUGE volume which sold last year and just bought again last month. To me this looks like a big institution and is very interesting. I will be watching to see if this one breaks its high of day on Friday, which was just barely above the highs from last year.