In this chart we're looking at PKI on the 1W chart as price has consolidated into an ascending triangle . Price has broken through the horizontal boundary around $98. After price prints a 1W candle through $101.28 breakout will be confirmed.
This ascending triangle has a price target of around $125 for about a ~27% gain.
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PKI Is overbought. So is it's Industry Group.
Though Market went up today (20th Apr), PKI and many of its peers dropped.
PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.
Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go...