PNBHousing looking bullish

2023年2月18日

PNBHousing is in downtrend from 2017 and has been facing a weekly resistance near the trendline. It had given a breakout few weeks back but didn't sustain.
However, stock has bounced back from 0.5 Fib levels and gave a weekly closing above the trendline as well as the 200 EMA(weekly) which is a bullish closing.
630 is an immediate resistance above which it can test the 675-750 levels in short to medium term. So, you can keep the stock in watchlist.

Sharing this idea only for educational purposes and its my personal opinion.

2023年2月28日

交易進行

Today seems like a breakout. Keep on watchlist.

2023年3月3日

註釋

Breakout above 612 will invite aa quick, big move.

2023年3月8日

註釋

T1 almost achieved. 628.5 is today's high.
Trail SL if entered .

2023年3月9日

交易結束：目標達成

649 reached! Swing trading target done for 10%.
Uptrend is now confirmed and positional traders can hold for bigger targets and can add on dips