djflowmaster

PCLN

Short
BATS:PCLN   None
0
Looks bearish as it is in a mini downward channel from the all-time highs & looks like possible distribution is going on right before a b/o of the macro upward trendline......if it does b/o from the upward trendline then the 1st tgt.=1014 level which is the 23% Fib ret. from the 5/13' rally & the 2nd tgt.=962 which is the 38% Fib.

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