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Is PM setting up for a drop? Fell Below 50 Day Moving Average shows up after slipping 2.93%
PM closed down 2.93% on Monday, June 22nd, with volume running 1.4× above average. Multiple bearish signals emerged — Fell Below 50 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 170.68, 168.18 & 164.08, with resistance at 177.28, 181.38 & 183.88.
Current SwingTradeBot Technical Rating of PM: B
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