03-31-2021, 04:10 PM
(This post was last modified: 03-31-2021, 04:11 PM by ken-do-nim.)
Here's a bonus one, PEGA, to see how the rule fares against a normal tech company:
![[Image: c5e7a608-1810-4fbd-a5a8-1b6b50446910.png]](http://village.photos/images/user/e757e3f7-e1e2-4d25-8832-1290825314d9/c5e7a608-1810-4fbd-a5a8-1b6b50446910.png)
Following the rule, I would first have exited at $122ish, which turned out to be a narrow bottom and I probably would have gotten back in at the same amount.
But the most recent climb would have had me exit at $131 or so.
I can't put a current exit price on it because the trend now is downwards.
![[Image: c5e7a608-1810-4fbd-a5a8-1b6b50446910.png]](http://village.photos/images/user/e757e3f7-e1e2-4d25-8832-1290825314d9/c5e7a608-1810-4fbd-a5a8-1b6b50446910.png)
Following the rule, I would first have exited at $122ish, which turned out to be a narrow bottom and I probably would have gotten back in at the same amount.
But the most recent climb would have had me exit at $131 or so.
I can't put a current exit price on it because the trend now is downwards.