rv
Short

PNR(Daily). Steady Down Trend.

rv  
NYSE:PNR   PENTAIR PLC. ORDINARY SHARE
135 8 6
Absolute and Relative Weakness.
Head and Shoulders Top. Retest of Neck_Line.
Descending Triangle . Lower Highs.
Under 200 sma , Down_Trend_Line.
New lows relative to the S&P 500 Index             .


either way is possible ^_^
YW
+1 Reply
rv jangseohee
indeed. its up, down, or sideways.
+1 Reply
after the sell-off at the top
price has been consolidating and just found support at 59.50 so far
Reply
rv jangseohee
hence, the descending triangle formation, consolidating for another leg down. the force is strongly down with this one. Possible of course. Thanks for comment and chart.
( Fingers crossed :) )
+1 Reply
i should have done it in one chart
apologize for spamming
^_^
Reply
rv jangseohee
no problem. ok. Why do you think this reaction to the upside ?whats the catch ? the horizontal support ?
Reply
another top is coming if the horizontal holds
daily still in triangle but MACD is turning up
Reply
rv jangseohee
what do you mean , top ?
Reply
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