PTBA is currently breaking its strong resistance at around 3030-3120. It can be seen on the chart that the price is breaking its strong resistance with a very strong bullish candle and supported by such a large volume. this has the opportunity to send the price up to the supply area around 3170-3830 where previously was a strong support area which was broken down in May 2019. As a result of the breakdown, we can see on the daily chart leaving the gap area right below the supply area that I marked . This indicates that there are a lot of sellers queuing up to sell in that area and we can use it as a price target.
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