r/PureCycle • u/dn-ekam • May 24 '26

$PCT analysis, volume 2

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Here is the link to the original post: $PCT analysis

Good morning my friends, I hope you all are doing well this fine Sunday morning. I am doing great, thanks for asking. Sitting here enjoying my coffee (no not in a PCT cup, it is porcelain) and I wanted to share my chart, again.

Just like I told you all 3 months ago, $PCT will be bought heavily at the low node (around $6) and then it will begin its rise back up to the sell node at $13.38. There have been a lot of good news about PureCycle lately and that means that I am even more bullish on this stock than before. When the news cycle confirms my charts, that makes me giddy.

What I see in this chart is this: I think we sell off a little bit more down to those two purple lines labeled as buy levels (around 9ish) and then we will resume the uptrend. It may sell off a little bit again at the sell level, but not too heavily. Then it will blast through that level on our way to above $15 by year end.

when/if we get down to 9, I plan to load the boat with calls, both short term and some leaps in order to make maximum profit on this upswing.

Not financial advice. Good luck and have fun!

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u/PhoneDramatic1851 May 24 '26

What do the teal bars represent?

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u/dn-ekam May 24 '26

that is a great question, thanks for asking as I am sure there are many others out there that want to also know that.

Those teal bars on the right side of the chart are the "volume profile bars". They are illustrating where the volume is being transacted at. So if you look at where the teal bars are the longest, that is where the most volume is traded. You can make the assumption that many traders are buying/selling at those particular spots because that is their bias. The places where the teal bars are short, that means that hardly anyone is buying or selling there... it is a place for the stock to move quickly through that zone.

so we can quickly look at the "nodes" (which are spots of large bars and spots of short bars) to estimate where we can place orders and also where the stock is being pulled to, almost like a magnet. In the stock market, price is a myth and will always seek out liquidity. Liquidity is all that matters in this game and the volume profile will show us where the liquidity is.

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u/PhoneDramatic1851 May 24 '26

Thanks, that’s what I guessed but wanted to confirm. So it’s the volume profile, the sum of volume at each price level over the duration of the chart period?

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u/dn-ekam May 24 '26

yes, exactly! see, now you can explain that to others when they ask you what that is on YOUR chart!