Based on recent bearish price action and overall sentiment, I suspect we'll retest these recent support levels indicated by Fib soon.
Note
PA broke above the falling wedge pattern and above the 100 & 50 SMA - indicating potential BULLISH trend reversal. Barring some covid-related disaster/news, I'm now thinking the price may actually have room to increase before any retest (if we get one)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.