PLNHF Current Pattern

Previously bullish flag successful breakout and run up, business remains vigorous and nothing has change negatively in the fundamentals. Right now in a descending triangle after run-up, possible good entry point around the support level of 2.92-3.00 (historical), fundamentals actually improved due to new license and shop gets approval for reopening.

For personal notes, not professional trading / investing advice
Please leave a thumbs up if you like my analysis

Catatan

touching the support level now, if it breaks then trade invalid. Need to be careful of the equity sell-off, might induce impulsive price movements

Catatan

Daily RSI shows close to oversold, Weekly indicates more downside room.

Catatan

we are holding the support well

jerryz73001

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.

jerryz73001