$PERI: Trading intraday pullback. | Bulls on Wall Street

$PERI: Trading intraday pullback.

$PERI gapped up big  this morning to all time high. Always a priority setup for day trade long or short. We waited for an opportunity for a trade. I was looking for pullback and then bounce back. Click on the intraday chart to see how the trde played out.

 

 

 

 

 

 

 

 

1. First pullback to rising 9 EMA and holds up as9 EMA keeps on getting defended and the stock makes higher lows.

2.Long 11.47 on this flag break with stop right below that 9 EMA and last low 11.32.

I sold my last shares at 12.40. with .93c gain with .15c risk.

Email me  thenyctrader@gmail.com if you would like to trade with us or have any questions.

2 thoughts on “$PERI: Trading intraday pullback.”

  1. This helps alot but would be even more helpful to include the first trade that Kunal initiated that got stopped out…i think you jumped ay .55

    Thanks
    GMan

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