PPC LIMITEDLong
PPC looking very strong
PPC broke out nicely above the 5 day MA with RSI now above 30 level and ATR at low point. Nice gap to fill upwards to 50 day MA (118 price level). Breaking 118 levels, we can see previous resistance being retested at 180 levels. Entry 83, stop 63 with full target 176. Reward to Risk ratio 4.5.
Disclaimer: My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.
Disclaimer: My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.
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.