PNRA is a rather standard trade: buying a pullback down to the base of the most recent breakout.
The buy range is wide: between 178.84 and 183.45
PNRA is a rather standard trade: buying a pullback down to the base of the most recent breakout.
The buy range is wide: between 178.84 and 183.45
The last trading day was a black friday for the broader market, specially for Europe.
This pullback did affect PNRA in price but not in attractiveness.
The LEV continues to behave good and even the supply looks better.
The Breakout Calculator still gives us very nice numbers.
The downside for this Long setup is that the 20DMF appears to have issued a Short Signal friday at the close.
Artur
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