PCP (Chart: Daily Resistance: 0.41/0.43 Support: 0.35)
PCP is forming a symmetrical triangle. Target price for the triangle is 0.62. Aside from the triangle, this stock is also forming a rounding bottom, but at current level, price is still has 1/3 more to move to form the right side of the rounding bottom. The target price for the rounding bottom is 1.14. It would be best to buy only on break out as there is still a possibility of price moving down. A good breakout volume would be 150M-170M shares traded.
BSC (Chart: Daily Resistance: 0.54/0.58 Support: 0.48)BSC has broken out of a symmetrical triangle. Target price is 0.76.
No comments:
Post a Comment