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Arc_Analytic
May 16, 2021 5:48 AM

PIE (Dump and Go Higher) Long

P.I.E. INDUSTRIAL BHDMYX

Description

PIE hits all time high at 3.7 region. At this region, price hit the ceiling and pull back strongly. 3.7 is an immediate resistance and 2.2~2.4 serve as an good immediate support.

Disclaimer:
This is solely a sharing of investment idea and does not serve as an investment advice.
Any losses incurred due to this post wouldn't serve as a liability to the author.

Comment

The stocks rebounded after hitting 2.445 region and expected to challenge 3.7 region again.

This analysis is solely based on chart.

Disclaimer:
This is solely a sharing of investment idea and does not serve as an investment advice.
Any losses incurred due to this post wouldn't serve as a liability to the author.

Trade closed manually

Manually closed at 3.1 as the price hitting a good resistance.
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