PIOC LONG TRADE - 1H TF
PIOC went through a prolonged consolidation phase, ending with a selling climax that touched a low of 172. The stock then rebounded sharply in an imbalanced manner and consolidated between 209 and 222 for nearly a month.
Today, PIOC broke out of this range, backed by strong bullish signals, including a bullish order block, multiple bullish FVGs, and a bullish IFD zone. These barriers are expected to prevent downward movement in the near future.
🚨 TECHNICAL BUY CALL – PIOC🚨
- Buy 1: 228
- Buy 2: 222
- Buy 3: 204-213
- Targets (calculated using Quantified Displacement Method):
- TP1: 239
- TP2: 249
- TP3: 259
- TP4: 269
- Stop Loss: Below 200 (DAILY CLOSE)
- Risk Reward Ratio: 3.3
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
PIOC went through a prolonged consolidation phase, ending with a selling climax that touched a low of 172. The stock then rebounded sharply in an imbalanced manner and consolidated between 209 and 222 for nearly a month.
Today, PIOC broke out of this range, backed by strong bullish signals, including a bullish order block, multiple bullish FVGs, and a bullish IFD zone. These barriers are expected to prevent downward movement in the near future.
🚨 TECHNICAL BUY CALL – PIOC🚨
- Buy 1: 228
- Buy 2: 222
- Buy 3: 204-213
- Targets (calculated using Quantified Displacement Method):
- TP1: 239
- TP2: 249
- TP3: 259
- TP4: 269
- Stop Loss: Below 200 (DAILY CLOSE)
- Risk Reward Ratio: 3.3
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.