Pecca starting an uptrend

13 nov 2021

Pecca, an automotive upholstory company turned to ppe making company. Automotive product is already a strandard , with the epidemic has succeeded in creating a new income stream. After a lacklustre finish to previous quarter a selling climax is seen with another composite operator taking over as price became attractive. A reaccumulation ensues and later a reversal to an uprtrend follows. Both price objective through pnf and ew target are shown