PPSI Has Bottomed, Expect A Big Move Up

NASDAQ:PPSI   Pioneer Power Solutions, Inc

What is PPSI?
Pioneer Power Solutions, Inc. is an industry leader in the design and manufacture of electrical equipment for customers in the North American utility, industrial, commercial, OEM and critical power markets.


My Thoughts For You
I see that we have hit wave E in this channel and I now expect a move towards the upper channel. I see price testing this area, breaking through to resistance and retrace back to what was resistance is now turned support, from here if support holds we can expect a big move up equal to the size of the channel.

Good Luck, Cheers!

Be sure to comment, follow, like, and check out my profile for more trade ideas!


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.