PEL monthly chart.. Bearish Engulfing?

i would be cautious on this stock even though its a lot of people preferred stock..

Disclaimer: not an trading/investment recommendation
not invested
Feedbacks welcome :)

Kommentar:

broken monthly trendline..can except lower levels after bounce

Kommentar:

broken monthly trendline convincingly. expect 1900 first.

Kommentar:

first target 1900 reached.. can test 1600 down the line..maybe even 1450..