Based on my analysis:
1. PG formed inverted head & shoulder (17Aug20-11Jan21) and reached fibo phi ratio (1.618) on 12Feb21.
2. Right now, PG breakout minor down trendline (5Feb & 17Feb) and bounced on demand zone after formed hammer on 12Feb21.
3. Stochastic indicates bullish bias.
4. We can expect price will reach (1) 133 USD or (2) 134.20-134.65 USD (supply zone).
Syeikh Hafiz
Stock Market Analyst
1. PG formed inverted head & shoulder (17Aug20-11Jan21) and reached fibo phi ratio (1.618) on 12Feb21.
2. Right now, PG breakout minor down trendline (5Feb & 17Feb) and bounced on demand zone after formed hammer on 12Feb21.
3. Stochastic indicates bullish bias.
4. We can expect price will reach (1) 133 USD or (2) 134.20-134.65 USD (supply zone).
Syeikh Hafiz
Stock Market Analyst
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