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Peet_Serfontein
Sep 29, 2023 6:17 AM

PKG: aiming higher? Long

Packaging Corporation of AmericaNYSE

Description

A price action above 148.00 supports a bullish trend direction.
Increase long exposure for a break above 157.00.
The target price is set at 168.00.
the stop-loss price is set at 148.00 (the 23.6% Fibonacci retracement level).
Remains a risky trade.

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