$PGNY rebounded back into its uptrend channel, closing the session at all time high with an intraday rally of +6.54% to $47.89. The strong closing of $PGNY reflects its inherent technical strength, on the Friday session where Wall Street and European markets closed in negative territory as concern over new lockdown measures. The price action of $PGNY was put...
Entry price : 36.04 Fundamentals : - Sector: Medical - EPS % Chg (Last Qtr): 170% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 62% - 3-Year Sales Growth Rate: 102% - Annual Pre -Tax Margin: -3.7%
Minor patterns above a major breakout are generally very high probability patterns and among my favorite. This is a long term hold
Broke out yesterday and retesting breakout zone today
PGNY is holding above the VWAP anchored from the all time high and the VWAP from the IPO has turned sideways. Buyers have potential to take control this week. Looking to buy on strength with a stop ~2380 for a swingtrade
Huge earnigs gap, with the greast volumen bar since IPO.