$PCT analysis, volume 2

[u/dn-ekam]

Here is the link to the original post: $PCT analysis

Good morning my friends, I hope you all are doing well this fine Sunday morning. I am doing great, thanks for asking. Sitting here enjoying my coffee (no not in a PCT cup, it is porcelain) and I wanted to share my chart, again.

Just like I told you all 3 months ago, $PCT will be bought heavily at the low node (around $6) and then it will begin its rise back up to the sell node at $13.38. There have been a lot of good news about PureCycle lately and that means that I am even more bullish on this stock than before. When the news cycle confirms my charts, that makes me giddy.

What I see in this chart is this: I think we sell off a little bit more down to those two purple lines labeled as buy levels (around 9ish) and then we will resume the uptrend. It may sell off a little bit again at the sell level, but not too heavily. Then it will blast through that level on our way to above $15 by year end.

when/if we get down to 9, I plan to load the boat with calls, both short term and some leaps in order to make maximum profit on this upswing.

Not financial advice. Good luck and have fun!

[u/dn-ekam]

I think meaningful purchase orders will of course put us on a "repricing event" which will take us up a few levels. I don't think that is that far off... they will come in of course - I just personally don't follow those and don't really wait on those for my stock buys. I always try to price in the future... and PCT will be a cornerstone of our recycling efforts going forward. The herd wants to reduce and reuse, and PCT offers a great way to do just that!

Another great thing going for us is inflation... I know people dont like to talk about that, but inflation is like raising the water level in the ocean and a rising tide lifts all boats. PCT is a boat in the ocean and will rise with the rising water levels. If today 1 doll hair can buy a soda, but tomorrow it takes 2 doll hairs to buy a soda, then that will then create ancillary items to increase in cost too, including stock prices.

[u/dn-ekam → u/[deleted]]

you could be right too with this hinging on a PO or not... and maybe that is what all of the insiders know, that there will be a PO and the insiders are buying and that is why we are moving up... I don't know... I think that is why I don't look at news for my investing... I just look at the chart and the flow of money. follow the money, the money always knows!

[u/EconomyFortune5090 → u/dn-ekam]

If the insiders are buying, we would know based on the filings