Breakout Alert 2: $PERC (Update 2017-07-26)

On July 18, 2017, $PERC broke out from its 52-week high with above-average volume. Buy above exit price.

Pros:

• Trending up since May of 2017.
• Tarlac solar farm will be reporting its full year of operation this year versus last year's 10-month commercial run.
• Gross revenue, net income (after tax), and net profit margin, for the first quarter of 2017, grew by 42%, 327%, and 201% respectively (based on its 1Q17 quarterly report).

Cons:

• Fairly illiquid, for me (liquidity varies from trader to trader).
• High exit price margin (about 11% already from the current price of 7.70/share) due to its trend setup. 

Update (July 26, 2017)

   Exit price now at 7.52/share.

CAVEAT EMPTOR