RedHotStocks

PCG turning bullish on Weekly

Long
NYSE:PCG   Pacific Gas & Electric Co.
Possible entry level $12
Price target at FIB confluence $15. 20% upside .
Indicators are bullish after reversing of very low levels.
Sharpe deep decline from June highs correspond to the .786 FIB support, a very typical wave 2 retrace level.
Dominant buy side volume, but need 1 high volume day to break $11.50 resistance.

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