PHB is forming a bearish Sea Pony pattern.
Although PHB is experiencing a significant retracement that aligns with the overall market sentiment, this asset hasn't lost its overall strength throughout its history.
So, do we have to buy the dip BELOW HERE? I think the chart says yes.
Then, where is the key level? 52 cents stand out as Fib .886, with many confluences among various indicators, including my own-made ones (green box).
Although PHB is experiencing a significant retracement that aligns with the overall market sentiment, this asset hasn't lost its overall strength throughout its history.
So, do we have to buy the dip BELOW HERE? I think the chart says yes.
Then, where is the key level? 52 cents stand out as Fib .886, with many confluences among various indicators, including my own-made ones (green box).
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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.