$PGY - RC -
Added 2024-03-19 16:25:12 +0000 UTC$PGY has just completed a 1/12 stock split which is usually not a good sign for a stocks performance and it has dropped from testing the 200 Day MA at $20 down to $9 since then.
It is also approaching its 2022 bottom and the equivalent level at $6.78 pre stock split.
This level needs to hold in order to get the count as shown....so this count is not guaranteed unless the blue line is held.
Price below this level and the company is under pressure and the blue line needs to be recaptured.
