PL - Earnings Swing trade

Wait 5 sec.

PL - Earnings Swing tradePlanet Labs PBCBATS:PLvssebuyungoThe "Google Earth" of live data just woke up. PL (Planet Labs) posted a massive earnings surprise and is breaking out of a 10-week base. Ticker: PL (Planet Labs PBC) Reasoning: 100% Earnings Surprise (Breakeven vs. Expected Loss) 20% Gap Up on Massive Volume (Institutional Accumulation) 10-Week Base Breakout Strong Sector: Satellite/Defense Data scaling up If Labelled a Swing trade (2-6 Week Holds) Entry: Full position on breakout Profit Taking: Sell 1/3 at Goal 1 Final Exit: Remainder at Goal 2 If labelled a long term trade (3-12 Month Holds) Entry: Full position on breakout Profit Taking: Sell 1/4 to 1/5 at Goal 1 Exit Signal: Close below 20-day EMA (your trend guide) or 50EMA Why: Strong moves are hard to time at the top, but the 20EMA acts as a reliable trend filter Note: Remember: Every long-term investment alert can also be played as a swing trade. Risk Warning: Space stocks are volatile. Position size accordingly. Disclaimer: This is for educational purposes only and is not financial advice.