Tuesday, May 23, 2017

PCOR price action update

Petron Corporation

PCOR has already hit the projected target price around 10.50 from its 9-month downtrend line breakout.

See previous analysis for more details on the breakout patterns:
https://psetrends.blogspot.com/2017/05/pcor-on-breakout.html

Trading Plan
- Take profit or scale down position (should have been done already after hitting the TP)
- Profit run the rest of the position with trailing-stop.


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