PFG had a high volume
reaction to the long term oversold trend line
last week which is continuing this week with a bullish
reaction. This indicates that demand has increased and the lower TF trading range that has developed is possibly and accumulation range. However, the TR
is potentially not complete. On the daily this reaction on high volume
is possibly only a test in Phase B. Because of the high volume
I expect another test of supply before the mark up starts. But it looks like there is interest in the stock and we can start looking for good entry points.