$PSO - WATCHLIST - RC -
Added 2024-07-12 11:58:10 +0000 UTCThis is a requested chart but it is a juicy one, requests like this that come in will be uploaded as they benefit the wider group.
Bullish signals:
Inverse Head and Shoulders pattern
Ascending triangle formed, with the breakout level at the same neckline as the IH&S line at $13.14
Above the 50 and 200 Day MA, using the 200 Day MA as support
Pull back in 2022 held on the 0.618 Fib, indicating Wave 2 complete.
Fundamentals are strong, with a FWD PE of 14.
A breakout and hold above $13.14 and this can go to the First Target at $16 next.
