Pick n Pay price has fallen out of the rising wedge and has made several attempts at re-entry without success. Now watching price action into ex-dividend date likely to result in a top & see price move downwards.
The downward pull is expected to drive price to or below the blue trendline. If price goes below the blue trendline & goes lower than 27 September it opens a bigger door to testing the R43 level into March/April 2023.
The downward pull is expected to drive price to or below the blue trendline. If price goes below the blue trendline & goes lower than 27 September it opens a bigger door to testing the R43 level into March/April 2023.
노트
PIK came close to the blue trendline & is showing a reaction from there. We can now draw a declining trendline from 18 October 2022 through 28 November 2022 as near resistance. If price is rejected on that resistance & goes below 19 December we can be confident of a larder drawdown coming much faster.노트
PIK went lower than 19 December, then breached the near resistance but was rejected at 18 October through 8 December resistance. It has formed a swing high. Now we expect price to trend downwards and find a bottom in first or second week of February where shorts will be closed & squeeze more profits in a long position.거래청산: 타겟 닿음
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.