PIE hits all time high at 3.7 region. At this region, price hit the ceiling and pull back strongly. 3.7 is an immediate resistance and 2.2~2.4 serve as an good immediate support.
Disclaimer: This is solely a sharing of investment idea and does not serve as an investment advice. Any losses incurred due to this post wouldn't serve as a liability to the author.
Note
The stocks rebounded after hitting 2.445 region and expected to challenge 3.7 region again.
This analysis is solely based on chart.
Disclaimer: This is solely a sharing of investment idea and does not serve as an investment advice. Any losses incurred due to this post wouldn't serve as a liability to the author.
Trade closed manually
Manually closed at 3.1 as the price hitting a good resistance.
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