We are ready to catch perfect chances ! Keep PGNY on watch my friends.
PGNY has started a continuous progress from it's IPO and completed waves 1, 2 and 3 of a possible 5 up going waves cycle so far. It means that we are able to catch a new up going wave 5 after a possible correction of wave 4. These explanations are shown on the chart.
Correction may end at supposed retracement levels . For now all levels are valid. Later, we can further fine tune the possible buy zone based on internal structure of the upcoming correction.
We keep PGNY on watch and wait for an ideal setup to go long. PGNY can brings us profit however, it does not mean that we just close our eyes and jump into the position.
We always trade smartly.
Good luck my friends.