Gap Fill 1 @ 82s , then consolidate for the fib retrace at 119.
This one snagged me for 1R loss earlier today. Looking to short a pull back on the 15 min and 5 min looks good as well. Decent LOD break. :-)
PRGO broke to the upside out of a Market Profile pattern. Target is 77.87 which makes it about a 3.5 to 1 trade. Relative Out Performance vs SP is 1.64 % on a 10 day average (smoothed over past 50 days)
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.
If triggered in, this will be my 1st of the day (and week) as far as day trades go. 57.4% chance I lose on this (historically) Lose small, win big.
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.
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