PSO at a Critical Juncture: Uptrend Continuation or Deeper Pull?

349
PSO shows a strong uptrend followed by a significant pullback from its recent peak of 465. The price has retraced to 338, aligning with key Fibonacci levels, with 361 (0.382) acting as resistance and 322 (0.5) providing support near a long-term trendline. Holding above this trendline could signal a continuation of the uptrend, while a break below 322 may lead to further downside towards 296 (0.618 retracement) or even 251 (0.786 retracement). A bullish recovery would require reclaiming 361, while failure to hold support levels could extend the correction. Overall, the trend remains bullish in the long run if the price stays above key support zones.
Nota
🚀🚀🚀

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.