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Is PK positioned for a breakout? Slingshot Bullish shows up after dropping 1.7%
On Thursday, July 30th, PK moved down 1.7% while volume shrunk to 0.6× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Bearish Engulfing and Stochastic Sell Signal and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 14.72, 14.38 & 14.0, with resistance at 15.44, 15.82 & 16.16. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of PK: A
This might just be the start. See what else showed up for PK today.
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