PACB setting up nicely
Updated
PACB is continuing to make higher highs and higher lows. 50 MA acting as resistance. A clean break above the 50 will be my entry point. Looking for PACB to make an explosive move as we get closer to the apex of the triangle. PT $35-$38 in 4-5 weeks. Using trendline as stop loss.
Trade active
Decided to buy some calls on the trendline touch. Stop loss at $27.60
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