PG heads up at $177: Possible double top here for a good reason
193
PG previously topped at this double fib zone for a reason. Golden Genesis reinforced by a Covid fib for strong resistance. Now to see if we get a "double top" here or a Break-and-Run.
$ 177.03-177.52 is the key zone of interest. Looking for a rejection to supports below. Or a Break-and-Retest entry for next leg.
Zoom in for a closer look at the launch: WOW, exact bounces (Pings) on the Golden Genesis fib And then a LAUNCH that we will have to see if it holds. Considering the previous top, this could be a RUNNER.
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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.