Comments on: PCLN Trade Entry & Setup https://rightsideofthechart.com/pcln-trade-entry-setup/ Stock Trading, Investing & Market Analysis Wed, 23 Aug 2017 01:01:15 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: tmeyaart https://rightsideofthechart.com/pcln-trade-entry-setup/#comment-1448 Fri, 29 Apr 2016 18:45:46 +0000 http://rightsideofthechart.com/?p=170041#comment-1448 Thanks for the confirmation, @rsotc. As an amateur trader with a day job I can’t really contribute technical analysis to the other members. I try to keep an eye on older posts like this because I know you are busy with the day to day activities. I find this trade idea relevant to your recent QQQ post.

]]> By: rsotc https://rightsideofthechart.com/pcln-trade-entry-setup/#comment-1445 Fri, 29 Apr 2016 14:15:15 +0000 http://rightsideofthechart.com/?p=170041#comment-1445 In reply to tmeyaart.

@tmeyaart – PCLN is taking a bit longer to roll over than I had anticipated but for now, still looks fine technically as the stock is still below the uptrend line after recently making a second backtest (daily timeframe). Divergences persist & in fact, the MACD is starting to make a bearish crossover which confirms the negative divergences. All in all, I still think PCLN is headed considerably lower in the coming weeks & months.

]]> By: tmeyaart https://rightsideofthechart.com/pcln-trade-entry-setup/#comment-1444 Thu, 28 Apr 2016 21:40:38 +0000 http://rightsideofthechart.com/?p=170041#comment-1444 @rsotc, would you mind updating this trade idea? It’s been playing out as you said.

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