$PI - RC -
Added 2023-07-30 04:50:06 +0000 UTCThis has been on an aggressive decline since its earnings miss in May. The price action has been relentless too, breaking back down into the yellow channel, losing the 200 Day MA and now the 50 Day MA has crossed down through the 200 Day MA, which we know is a bearish indication.
The only hope I see of my count becoming invalid is if the share price holds at the bottom yellow line and this becomes a new support line, leading up to earnings.
Comments
Any chance you could post an update? 🙏
Lukasz Piotrowski
2023-12-30 13:01:24 +0000 UTC
