Possible cup and handle pattern but will have to wait and see!
All resistance broken and new upward supertrend starting.
$PLD testing this confluence zone between R/S flip and EMA 50 with huge volume. Daily chart
Long Target 1 : $89 Target 2 : $92 Stop loss : $86.50
"The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend." (Barchart.com) Set to jump in at even a hint of a pullback :)
ENTER 54.86 STOP 53.67 TARGET 66.81 BEWARE OF THE RED LINE! MOVE STOP LOSS TO THE BREAK EVEN AFTER START.
Nice opportunity to get into this stock, with 2 harmonic patterns supporting the fact we might get a long out of the ranges. The Gartley and Crab, could complete at the same time, and after all, if there's more patterns in one area, the stock is more likely to reverse. I personally hope the Gartley comes in late for the consolidation support rebound. But we'll...