PPL is currently testing its resistance at 74.50 and is poised to potentially breach it, targeting the second resistance level at 77.34. Traders may consider placing a stop loss near the support level of 71, with a secondary support level at 69.
Note
PPL currently testing 200 EMA in hourly time frame and closes above at 72.90. If breaks 71.50 it can test 69 level. Which acts as support. However, 74.50 acts as resistance level.
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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.