$PACB Falling Wedge Breakout
Uppdaterad
Called this out at $20.40 when wedge broke up, 
PACB is a strong long term holding. Has run up massively this year but probably has more room to go, especially in the long term.
A note on the two trendines. I had alerts on both these trendines. Why? It's a messy but clear downward wedge on a high beta, small cap. The 'way' that PACB (and the entire genomics sector) moves is in leaps, not steps. I set two trendline alerts so I would know when to go absolutely long (2nd trendline), and where to check to see if I should go long (1st trendline).
PACB is a strong long term holding. Has run up massively this year but probably has more room to go, especially in the long term. A note on the two trendines. I had alerts on both these trendines. Why? It's a messy but clear downward wedge on a high beta, small cap. The 'way' that PACB (and the entire genomics sector) moves is in leaps, not steps. I set two trendline alerts so I would know when to go absolutely long (2nd trendline), and where to check to see if I should go long (1st trendline).
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PACB and entire genomics sector still quite in play. PACB should push up here to new highsFrånsägelse av ansvar
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