UPDATE: PPC Diamond Formation formed after consolidation
W Formation formed previously as you saw. And the signs were all bullish with MAs and RSI But then there was a consolidation period forming a Diamond Formation, breaking down. I guess, my bias is in a way changing to down - but I'm not convinced. Even with the bank collapse, resource crash and crypto exchange debacle - PPC is holding quite solidly. I will keep my target at R4.29
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Juga di:
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.