PFC- Long term look to buy in the zone 97-105

Short term one can play going long above 137 where a mini double top is placed, but long term look to buy in the zone 97-103. 103 is an important swing low as PFC had a strong bounce from that low.

Related Analysis Attached below- PFC on monthly chart

Zlecenie aktywne:

13:55 Hrs 25th Dec2016

Last Price@120

If there is a pause in downfall & it starts moving above 120 then going beyond 124-125 -can be looked at short term upside atleast till 130-32 zone with the latest low as stops & above 132 for similar highs of 137.

Zlecenie aktywne:

06:56 Hrs 28th Dec2016

Last Price@117

One can play on long side Intraday if dips below 110 or close to 110 for targets 115-117 & book profits & run away