Pegasystems Inc.
Short

PEGA - JULY 24 MATrend Unsustainable Momentum

22
- D1 is top of the range
- H1 setup showed a previous downtrend followed by a spike up today
- Slight price rejection in H1 with the opening candle
- Huge price rejection in H1 with the 22:30 candle


MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly

Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.

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