PCBL: Rounding Bottom Breakout

Nov 30, 2022

PCBL is showing the following bullish patterns:

• A rounding bottom formation (saucer pattern)
  
• The current price action is negotiating a long term resistance, about to breakout.
  
• Volume is double than the average volume for last two sessions
  
• The price is above the adaptive moving average and in uptrending
  

Trade: Buy above 144, SL: 140, T: 147/152
Sell below: 138, SL: 141, T: 135/130