PLNT tested the Support Zone 62.60-63.50 and made a decisive rebound from this zone yesterday. Looking to long today with initial stop just below the support zone @ 62.50 and later to trail the stops up to a possible target of 80 and perhaps even 85 (fib extensions). The futures are looking a little weak right hence do not over risk on size.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.