$PZZA
PZZAThis doesn’t seem to follow these wave theory rules unless I am missing something, so hoping to learn more; but here is my argument:
- Playing the bounce off the price channel support and the 200SMA.
- 30 day chart has the 50sma crossing the 200 and 100sma trending the same. Once those cross I am fully bullish.
- If the pennant formation holds the sma’s should cross very soon.
- 180 day chart SMA is trending the same but not there yet.
- 6 month chart is forming the back side of a cup.
- RSI indicating oversold
Let’s see what happens!
"I'm not an expert but I watch a lot of youtube videos."
PZZATrade closed: target reached
Finally.
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.