$PRXL Bullish Weekly Technicals with resistance at $71.37
Key points for a PRXL long are; 1) Held 0.764 fib level and key support level (old resistance). 2) 3 weeks of higher lows and highest close in 3 weeks. 3) RSI is not overbought yet which is desirable for a sensibly placed long according to this oscillator 4) MACD indicates that sellers are too late to sell a turning point downwards since it has already occurred 5) Still holding a very strong uptrend but the ADX has dipped so caution is required as always.
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