UPDATE: PPC Diamond Formation formed after consolidation
W Formation formed previously as you saw. And the signs were all bullish with MAs and RSI But then there was a consolidation period forming a Diamond Formation, breaking down. I guess, my bias is in a way changing to down - but I'm not convinced. Even with the bank collapse, resource crash and crypto exchange debacle - PPC is holding quite solidly. I will keep my target at R4.29
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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