I like this chart. So very easy to see whats what and look where PA is currently
The coloured bands show borders of historical Support / Resistance
PA is currently up against stiff resistance and everything points towards a pull back in PA, to reset MACD etc.
A Technical Target is the 0.618 Fib line around 25200 ( though I have a buy order at 24800 )
If you look back along the line of resistance PA is currently banging up against, you can see it was STRONG support in the 2021 Bull Run and there is every reason to expect that again once PA breaks through
It is possible PA may break through before it cools off and so this ia a time to watch close. However, a number of things seem to point to a range / pull back for a bit
Over all Very Bullish currently though Fundimentals are building up ina negative way With SEC etc beginning to fight hard in the TradFi corner. The BANKING industry is not going to give up its dominance easily. So, be prepared, be safe and trade cautiously.
The coloured bands show borders of historical Support / Resistance
PA is currently up against stiff resistance and everything points towards a pull back in PA, to reset MACD etc.
A Technical Target is the 0.618 Fib line around 25200 ( though I have a buy order at 24800 )
If you look back along the line of resistance PA is currently banging up against, you can see it was STRONG support in the 2021 Bull Run and there is every reason to expect that again once PA breaks through
It is possible PA may break through before it cools off and so this ia a time to watch close. However, a number of things seem to point to a range / pull back for a bit
Over all Very Bullish currently though Fundimentals are building up ina negative way With SEC etc beginning to fight hard in the TradFi corner. The BANKING industry is not going to give up its dominance easily. So, be prepared, be safe and trade cautiously.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.