PERP has gone into correction for almost 1 month. $8.50 to $9 hold very well and seem to make as a new support in this case. PERP is currently retesting $9 level and if there is a bounce from here, here we go to $13. I would wait for few more days to enter on rebound, if that happens:
Entry: $9.50 SL: $8.50 Target: $13
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