Downward Pullback on T2!
It is common for a stock to have Downward Pullback or Retracement from recent peaks that occur within a continuing uptrend. Congrats to traders who entering at T0 and make a profit at T1 or T2.
In PENSONIC scenario, the Pullback or Retracement is without high pricing drops and large volume. PENSONIC is still in an Uptrend pattern which confirms from MACD and RSI chart.
Will PENSONIC will bounce back and resumes the Uptrend pattern at T3?
R 0.830
S 0.740
In PENSONIC scenario, the Pullback or Retracement is without high pricing drops and large volume. PENSONIC is still in an Uptrend pattern which confirms from MACD and RSI chart.
Will PENSONIC will bounce back and resumes the Uptrend pattern at T3?
R 0.830
S 0.740
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