Polyone Corp (POL) Breaking to New Highs

Stock: Polyone Corp (POL)

Long or Short: Long

Entry: 23.16

Stop-Loss: 22.49

Chart: Polyone Corp (POL) Daily

Polyone corp swing trade long out of ascending triangle POL

Reason for Trade: The market moving higher here doesn’t feel natural the least bit. It makes more sense for a pullback to the tune of 5-10% and then re-evaluate matters from there. But we are breaking out to new recover highs, and that is all that matters for now. As a result, I’ve added POL to the portfolio with a very attractive breakout to all-time highs after it crushed the ascending triangle it had been previously trading in.

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