PEP dropping gravity is heavy. 155-160 is a support price in the past two low. Volume is going up quickly, which is a good indicate of trend change. My plan is to Long at 155-160 and test if it continue drops.
The supported value is 35$, until there is a fundamental change of sales market.
The economic environment doesn't support the growth of W. From diagram, the 35 has been the supported price over 1 year of time. The economic isn't better over the past year.
Short term will drop back from 75$ to 35$.
After 85$ high at Augest 03, the Volume continues go down...
