PBR Daily consolidation, breakout and test of support.
There could be a pullback here and the 10/22 day averages make sense. However this s a trade I prefer to phase into starting soon, even now in increments.
Here's a newer version of 3C I've been working with this weekend, however other versions are in confirmation of the daily chart showing accumulation into the pullback after the breakout.
Using the Trend Channel, this appears to be a reasonable stop for PBR.
Take a look and see what you think, it's very close to a breakout above $38.60
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