PullBack Fishing
Updated
PEP has closed out side the bollinger bands set on a 80 moving average.
Selling pressure most likely extreme.
This may or may not be the bottom.
Not a recommendation
Selling pressure most likely extreme.
This may or may not be the bottom.
Not a recommendation
Note
When all of the sellers become exhausted, there is only one way left to go. Just wish there was a fool proof way to know if all of the sellers are throwing in the towel!
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