New swing trade design created in the live-chat today for Pioneer Drilling (PDC). Will look to start a position this week if the charts can hold up during all this debt ceiling market weakness. I have very little doubt that we will avoid defaulting, but we may see weakness until that deal is finalized.
The chart design is placed on the redesigned forums. Trade Setup For PDC
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Good luck out there,
Mike
At the time of publication, Kudrna did not have a position in mentioned stock, but may initiate within 72 hours.