HarmonicPitchforks

It is a pullback to 26 and 55 days moving averages

Long
NYSE:PEI   None
After crossing the 55-day moving average, it has hit the 99-day moving average resistance and is back. The buy point is between 1.65 and 1.4. the target is 14 by July.
Comment:
it has formed a shark harmonic pattern with four targets possibility:
tp1=$3.6
tp2=$5.4
tp3=$9
tp4=$31

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.