PCG trade ideas
BUY PACIFIC GAS & ELECTRIC| [$5PCG] | 12.19.2020Set up: Wave 1 near completion
Target 1: 15
Target 2: 20
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice.
PCG Post Bankruptcy MarkupAfter trading in a tightening range for the past year PCG has an approved plan to exit bankruptcy and may even resume dividends in time. Utilities are always a good way to diversify a portfolio. My average entry price is in the $9.30 range. Analysts price targets are near $14, i'm a bit more bullish with a near term just north of $14 and $30 near this time next summer. Lets see how high the rising tide lifts this boat.
PCG Swing ideaPCG swing I played from 8.9 to 10.5 zone. Ultimately looking for a rounded cup on this. 13 target in sights. ER coming up 10/29 so watch accordingly.
PCG long swing 12 dollar price targetTime to fill some gap on pcg, the squeeze from the long swing I been waiting for has come. Speed bump zone at 10.01-10.50
guard those electrical lines from saccome on pg&e im with you.. watch out for governer newsomes henchman starting fires ac-crossed the state. as a local we dont get fires til october
when santa anas winds arrive. they just want your assets bunch of loosers!
TriangleBreakdown of triangle has occurred. Target is ~2. The larger pattern is an expanding triple zigzag. Once this completes, I think that may be a good buy point if company is still viable.
PCG Part 27.27.20 PCG Part 2 listen to part 1 first. This video might be frustrating at first. If it is, you should do your best, don't stress, just be patient. If you don't give up, you can find your way. I have had some great mentors...but in the end I do it my way... and that is what you will do. I am reflecting my efforts and my perceptions of the market, perceptions, not absolute facts ( but you listen at least once...imo). There may be something that I say that will trigger you in a significant way <<< more important to you than me ( this happened to me a number of times ). Honestly, for the "good" mentors I have had, if I asked what they think the most important information was that they imparted to me...I would disagree and have a different list for why they were important mentors for me. Take what you need...then more forward.
PCG - GREAT Short Opportunity, IF ... !!Hello! Friends,
This would be a great short Opportunity, IF NYSE:PCG breaks down the Support line at $10.73 !!
