PCOR on a breakout
Petron Corporation
PCOR is on a breakout from an Ascending Triangle pattern with a measured price target around 10.00.
It's also on a breakout from its 9-month Downtrend Line with a projected price TP around 10.50.
Trading Plan
- Buy near the breakout area.
- Set stop-loss on breakdown from recent swing-low (like a few points below 8.95).
PCOR is on a breakout from an Ascending Triangle pattern with a measured price target around 10.00.
It's also on a breakout from its 9-month Downtrend Line with a projected price TP around 10.50.
Trading Plan
- Buy near the breakout area.
- Set stop-loss on breakdown from recent swing-low (like a few points below 8.95).
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