PSIL daily bounce has broken the lower highs, which is the first clue our new weekly support may be set. To be certain, we will have to confirm the daily uptrend, but that will take likely into next week to see.
The key levels going into tomorrow are today's high and today's low. If we break the high, the bounce continues and we will look up to recent resistances and see where we top out. If the low breaks, we will look down to the low of last week in search of a daily higher low, and then hope to change the daily trend back to bullish from there.
The key levels going into tomorrow are today's high and today's low. If we break the high, the bounce continues and we will look up to recent resistances and see where we top out. If the low breaks, we will look down to the low of last week in search of a daily higher low, and then hope to change the daily trend back to bullish from there.
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.