PGS possible outcomeMany investors and analysts say the stock price will reach 20kr this year; this is the possible technical outcome.
PGS
PGS Short term resistance I believe this resistance will be broken in the next 10 days, after that the technicals for PGS look much better, and an increase in stock price is highly likely.
PGS long term countSee the detailed count also
A bottom may have been reached, now bullish
Correlates with oil and gas back on the menu for Norway and Europe again as per the Russian Ukraine invasion
PGS bullish. Target 10 at start of 2023After correction very long, it seems a bottom may have been reached and a bullish phase has started
From the count a target of 5 will soon be reached and start of 2023, 10 may be reached
There are going to be major pullbacks along the way
Note the pitchforks and fib retracement levels
Note also log scale