Upward Price Movement in PCLN

$PCLN has shown strength in the past few trading days, and is looking to trade higher.

Let’s take a look at the daily chart below:

PCLN Daily - 2017-10-05

The trend of this stock is clearly up. We’ve just successfully recaptured the 100MA on strength. We’re looking for the trend to continue.

Stop will be placed below the 100MA, with enough buffer for potential noise.