PAO Group Inc (PAOG)

[foxi]

Latest news looks good, I think investors are hesitant because of this company's history of empty fluffy PRs full of "plans" and "intends". This could pull back before it runs much further, as it's now at strong resistance with overbought RSI -- but if they do have a viable product now, whenever that's confirmed on resale shelves the stock should move higher.

Technically speaking, this is in breakout on the daily as of today, so that could be short lived or start a frenzy into next week. A pullback most likely creates a cuphandle as someone pointed out, (that would also be inv Head & Shoulders here) which would support moving higher later. Current cup depth is .002 which means a profit target of .006 in that scenario.

2nd chart at end of post is where it could get really fun... :)

GLTA!



Intraday chart, candle has NOT CLOSED yet:





Falling wedge in play, profit targets are approx .005, .0065 and .0075. https://patternswizard.com/falling-wedge-pattern/