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Is PESI primed for upward momentum? Pocket Pivot shows up after advancing 3.64%
On Thursday, July 16th, PESI moved up 3.64% while volume was to 3.5× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, Wide Range Bar & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 14.31, 13.24 & 11.98, with resistance at 16.64, 17.9 & 18.97.
Current SwingTradeBot Technical Rating of PESI: A
There’s more where that came from. See all of today’s signals for PESI here.
Read full article here »