A nice 75 % Possibility! Waiting on a clear Signal.
To continue higher PRGO will have to break above the top of the channel and the 200 MA line. Bears can look for bearish reversal signs inside this resistance zone.
PRGO looks very nice for a big reverse swing up the gop's failed attempt to replace obamacare should help our cause here
took a long position at 85.95 with a stop loss at 82.5 and target 95
I love this channel play for call options, specially for you smaller accounts. Get in right at the bell today or see if it hits $86 in the morning or Monday, trade your plan!!! I would use a stop of $84.
dataunion.tistory.com Correlation Histogram Type Description
...unless it has hit the ground. Today's steep fall hit the monthly support. I guess that this may be a temporary bottom at least. So that I assume that we may see a correction up from here.
PRGO is showing that it could make a move to the upside. Squeeze shows it firing higher, plus 9 MA just crossed the 21.
The first bearish setup, the bearish Cypher (Elite Zone only), already reached both of its target levels. Now $PRGO is presenting two possible continuation trade setups. 1. Major structure zone. 2. Possible Harmonic pattern completion *The full explanation is this week's Weekly Markets Analysis This setup is part of the Weekly Markets Analysis newsletter...
Cypher pattern completion in $PRGO before earnings. Despite the bearish Cypher, there are important technical elements we need to monitor. Several supports need to be broken to confirm bearish setup. Read the full analysis in the Weekly Markets Analysis newsletters: marketzone.tumblr.com Subscribe at www.themarketzone.net
I think here we have everything that we need to open a short position :the huge volume of trading on the falls , unsuccessful top-level breakdown, the EMA 50 line, which can serve as a stop, hundred, as excellent psychological target.
I do not think this is necessary to pay attention to the recommendations of analysts.What is important is the fact that too many people now have shares instead of cash. Each time it will be a little lift share to sell.