PNB Resistance to suppor
Updated
44 has stayed as resistance in PNB for more than one year
now that it as broken this level and coming back to retest, need to observe if there is serious buying at this level.
considering strength returning in Banking sector. target of 68 is likely in 6~9 months.
Waiting for blue downward trendline to be broken.
SL below swing low..
now that it as broken this level and coming back to retest, need to observe if there is serious buying at this level.
considering strength returning in Banking sector. target of 68 is likely in 6~9 months.
Waiting for blue downward trendline to be broken.
SL below swing low..
Trade active
SL 44.15Note
giving second chance with very good risk reward rationNote
Better late than never...Revised SL 49
Note
Revised SL 57.8Note
very close to target. Trailing SL to previous day low...Trade closed: target reached
One may continue trailing SL to previous day low
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