PNG - Slightly bullish
PNG I'm bullish to 0.35, and if we get a nice wick above the 50 and 200 DMA then I can see pressure to push towards 0.50. Rejection at the 0.35 level, I foresee more downward pressure towards 0.23. We are in or headed to peak greed, so expect profit takers along the way.
Note
Today was confirmation of rejection of bullish momentum, I'm setting buys at 0.22 - 0.23.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.