PAR TECHNOLOGY CORPORATIONLet's try to make money on this idea.
It is not an individual investment recommendation.
PAR trade ideas
PAR TECHNOLOGY CORPORATIONLet's try to make money on this idea.
It is not an individual investment recommendation.
ParStill holding. She’s trying to hold this support here roughly 40.60 stops below 40. Looking left this was the same area we controlled before a rocket move. Here we area again. If we lose it 35-36 is next support. I’m still buying here with a small risk below 40. Still could take some sideways action for a bit. If we can break and hold abov 42-43 this will signal a push
Par!!!Throughout the last few days PaR has been holdin thi roughly 41$ range. We are holding this level so damn well that I have been remaining in this long postion with stops below 40$. Seems as long as we control this we could be setting up for a blast off on the next leg up for spy which could be coming soon as market has been selling off for a while now
Par Now this could be a bounce play setup. Use your own risk. Markets are rough and hard to take longs. I did plan a trade for entry at 41.20. I have been filled so I am long par. I played the double bottom prior from. 37-43 I could be early here but I am just throwing my trade out. Currently price is 41.50
Par Resiatnce 50.55 also ichumchi cloud resiatnce. If we can pop and clear 51 and hold could see a big move larger falling wedge on this trend
PAR Super similar chart to MU. Mu had the snow falling wedge and breakout after reaching just shy of the .5 fib of the move from top of the flag to the start of the move. If this performs similarly to MU we could see a breakout coming in the next few weeks. This is pretty dope to see and gets me excited.
PAR: BREAK OUT WATCHPAR:
NEWS:
PAR Government Systems Corporation , a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced that it has been awarded a $490,400,000 ceiling, single award, indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee completion and firm-fixed-price type orders for Counter-small Unmanned Aircraft System software, hardware, and technical documentation.
This is the largest single contract award in PAR’s history.
TECHNICALS:
The price has been in a range for a few months, forming a kind of giant wedge (if you consider the lower grey line) or descending triangle (if you consider the blue line at 61).
We have a strong support at 61. I'm looking for a break above the 1st resistance (grey line) and will most probably enter a long swing position once we break out. Let's see!
All the targets/levels are on the chart (blue lines).
Trade safe!
