PFSI: Wychofian Re-Accumuluation
Updated
On the back of rising financials this looks like the Phase D of the Wychkoffian Accumulation. I am looking for a consolidation at the resistance before a take off.
Fundamentally this makes sense on the backs off rising rates and financial sector build up.
Fundamentally this makes sense on the backs off rising rates and financial sector build up.
Note
Good place to add here, still holding the channel and consolidating. 49.00 would be a hard stop
Trade active
Shares still consolidating but in the upper bound, would be a good place to add here
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