Can we take a look at Pump? Do you think it's too late to enter?
Pump stock looks very good. This is on the weekly timeframe. It is setting a new high, higher than the August peak, which also served as a benchmark for me.
If there is any stock that is trading above that initial upward surge we saw in August, about a month ago when we achieved our first major breakout, any stock that is currently trading above that level on the weekly timeframe, it is likely to be a good choice.
Because all the stocks that perform well show a continuation of that previous upward trend. There are many stocks that bounced back and then failed to stabilize. Pump stock is one of the stocks that has recovered .
Its performance is not as good as some other stocks, but it is good. It has performed strongly for three consecutive weeks, and is above the average closing price for August. Therefore, it is perfectly suitable. It meets the requirements.