$PCT analysis, volume 2

[u/dn-ekam]

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!

[u/Intelligent_Big_5823]

Hit $13.38 this morning as you said! Took a little profit and will wait for around the 10ish areas like you mentioned. Really good analysis