PFC @ 167
Daily chart of PFC stock formed a double bottom after a big price decline.
Currently stock price trading above the high which formed between the lows with support of good volumes as well as nearing the interim resistance (slopping trend line) i.e. around 170. Current price is above 10-20sma. RSI is in positive mode.MACD is in BUY mode.Once stock price clear and sustain above the 170 levels the up move will continue where the next resistance seen around 200/205 on lower side support expected around 155 levels.
No comments:
Post a Comment