Having made decent returns the last couple days I has me cautious of what PCLN will do. Over the next couple days / week making it to 1021.36 seems likely, but maybe not right away - Possbly an inside day candle a little sides ways move before continuing bearish. The long term trend is sideways , but the intermediate/ short term trend bearish. Ossilators are all very low and might need to turn up a bit , although they are all headed bearish.
If you notice there is a falling wedge which may allow for a PCLN to break through the S/R line and possibly bouncing bullish from there (1003 ish) . Most falling wedges break bullish so long term bullish isn't crazy.
For me ... Short term day trade bearish!!!!
If you notice there is a falling wedge which may allow for a PCLN to break through the S/R line and possibly bouncing bullish from there (1003 ish) . Most falling wedges break bullish so long term bullish isn't crazy.
For me ... Short term day trade bearish!!!!
