PCG - Techincal analysis
Crazy talks apart - weather, number of clients, too big to fail etc,
On pure technical analysis, the stock is on a small uptrend with a bull flag formation. Volume on the sell and buy side is low and neutral, meaning there is not much volatility - which means it is on accumulation phase.
A breakdown at these levels will bring the price to 6.40 and 5.90.
Breakout at 7.75 with volume (ending the day above 7.75) will push the next target to 8.55ish and a previous gap fill of 8.95
On pure technical analysis, the stock is on a small uptrend with a bull flag formation. Volume on the sell and buy side is low and neutral, meaning there is not much volatility - which means it is on accumulation phase.
A breakdown at these levels will bring the price to 6.40 and 5.90.
Breakout at 7.75 with volume (ending the day above 7.75) will push the next target to 8.55ish and a previous gap fill of 8.95
Catatan
21 EMA : 7.16 and 6.90 new support level. 7.75 first target and then 8.40. Stop below 6.40
Catatan
Reached first prerequisite of staying above 7.75 by end of day. Next tgt is 8.30 and 8.90Catatan
First target 8.30ish reached, next is 8.90Catatan
Reached second target of 9.30. the final target of 10.40 and reached 10.20. It's safe to exit the trade at 10.20 - 10.50 range and wait for consolidation before next move.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.