PIK: recovery trade?
A prie action above 5580 supports a bullish trend direction.
Crossing below this level will negate the bullish view.
Also starting to retract from the lower range of the linear regression channel pattern, supporting upside potential.
The target might be 6320.
The 200-day acted as some major support.
Crossing below this level will negate the bullish view.
Also starting to retract from the lower range of the linear regression channel pattern, supporting upside potential.
The target might be 6320.
The 200-day acted as some major support.
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