ENTRY: 2.40 SL: 2.75 TP1: 2.27 TP2: 2.08 - ADX>20 - RSI<50,RSI>30 - Daily RS -ve - Daily FFI -ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI -ve - Weekly MACD +ve - Breakdown of range today with good volume. - Price below HVN currently.
ENTRY: 3.92 SL: 3.60 TP: 4.83 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD -ve - Sign of Strength on 28 Jul 2021 and break above HVN. - Retraced on lower volume and moved up with higher volume subsequently. - Hit high of 4.02 before retracing back to 38.2% Fib. level and bouncing up on 6...
PGH Looks bullish from technical perspective.
Strongly believe that now is best time to buy.
After the unexpected outage at Syncrude, PGH managed to pop out of a 10-year trendline (yes 10 years!) with solid daily volume. The stock had a nice bounce after it reached $0.45 (not a typo) and rose up to $2.08 before pulling back in a nice channel, bouncing and consolidating at primary fibonacci retracements along the way. The bounce today came off of the...