PEL is looking for a move towards the upside.
The way it has broken away from 2+ years of trendline shows the strength of the bulls present.
PEL is interestingly a money bag for those who prefer to stay long in the market with a futuristic view however fundamentals will play a huge role in the coming movements.
Keep an eye on quarterly reports and future...
breakout above 1570 will generate buy
for target move towards price
1588-1597 ( stop 1553)
bigger target 1810 (positional swing)
patternn identified > flag and pole
targets based on resistance level area
disclaimer - trade @ own risk