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$PALL – Swing – Kyle Templin@InvestingAngles


This instrument has met the criteria to establish a swing position over the upcoming few days/weeks. Yellow path is primary.

Today’s 5-day candle closed as a Bullish Engulfing (BE) candle. If one were to look at past BE candles on this time frame, they could observe a recurring theme that suggest these BEs on this tf occur consistently near lows.

Enter Price ~ $115

Stop = 109.88

Risk ~ $5.12

Target = $300+ R/R = 37.13

Techs and TA and EW suggest this yellow path has a very good chance at unfolding, esp if the 2-month tf (this closes at the end of October) can establish a tower bottom/morning star formation.

The very short-term count is below, and because of the tremendous upside in this play that could unfold over the course of 3+ years (potentially into Q4 2027), this position will be managed with that time-frame in mind and a target of $300+. The stop will be adjusted if/as PA allows it.

Another opportunity to add to this position will be at that potential pivot after that abc correction.


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Trading involves risks, and you are responsible for your own trades and decisions. The information provided above is for entertainment purposes only and is not a recommendation to purchase anything related to this instrument or other instruments of similar composition.



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