PAEL has always been my favorite stock as it plays very well on price action and technical.
Right now the trending accumulation has ended and its time for a move.
if we take the simple and basic previous demand copy. It gives the target of 60 which everyone is expecting. but there might be some trick played to take out the retails. so be careful around 55 and 59 level you might see the trend slowdown in short term due to divergence on RSI.
right now if you want to accumulate more wait for the intraday retest levels around 46 to 44.
I HAVE ALREADY ENTERED THIS SETUP AROUND 43.
THE TAKE PROFIT IS 55 AND THEN 58 TO 59 ACCORDINGLY.
Right now the trending accumulation has ended and its time for a move.
if we take the simple and basic previous demand copy. It gives the target of 60 which everyone is expecting. but there might be some trick played to take out the retails. so be careful around 55 and 59 level you might see the trend slowdown in short term due to divergence on RSI.
right now if you want to accumulate more wait for the intraday retest levels around 46 to 44.
I HAVE ALREADY ENTERED THIS SETUP AROUND 43.
THE TAKE PROFIT IS 55 AND THEN 58 TO 59 ACCORDINGLY.
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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.
Disclaimer
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.