The resistance zone is very crucial keep an eye on it.
As it is not a perfect HnS but still the formation looks promising the major trend of stock is sideways so ,hoping for a breakout let's see what happens.
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PFC making cup and handle patter in the day time frame,
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So for we will buy this trade once it cross 140 for the target of 160-170.
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140 is the resistance if it's break, we can see the good upward momentum in the stock.
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So what's your view on this comment below in the box.
Stock is showing great momentum possibly break the triangle formation.
ADX is also showing upside movement .. good stock to buy and hold for some time
Buy on dip recommended
PFC forming a very textbook pattern, breaking of the upper trendline can blast it to new heights. A very potential stock that can give stellar returns. Patience will be required to hold it if it breaks the uppertrendline. Trading doesnt make money. Patience does.
