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50 Day Moving Average Support appears for PLPC after 6.25% move
On Thursday, July 2nd, PLPC moved down 6.25% while volume shrunk to 0.2× the usual levels. Mixed technical signals appeared with 50 DMA Support and Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 352.95, 336.95 & 315.18, with resistance at 390.72, 412.49 & 428.49.
Current SwingTradeBot Technical Rating of PLPC: A
There’s more where that came from. See all of today’s signals for PLPC here.
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