Besides what I view as very similar price action, PESI found support over the last few weeks right at the $5.80 level. Looking back 6 years, the $5.8-5.6 area was tested 3x as resistance and has just been turned to support.
-A close below the rising trendline support around $5.85 would violate my thesis for
PESI following the 
MU path.
-MU gained 60% from the date shown
***I personally boughtPESI this past week @ $6.50***
-A close below the rising trendline support around $5.85 would violate my thesis for
PESI following the MU path.-
MU gained 60% from the date shown***I personally bought
PESI this past week @ $6.50***Note
Looks to me like the MU-style move is beginningNote
Still in this, I see a breakout, a pullback and I think the move is coming this week (10% minimum)
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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.