$PAH3 - Porsche reaching a decision point
Hey traders,
Here is an interesting daily chart of Porsche. You can see that price, having rallied past recent highs in the region of E96, performed a double-top off the 100 Euro area.
We know see price trending down towards the E80 area, and so we come to a decision point. Does price break the support at E80? Or does it break the bearish trendline and rally again towards the 95-100 area?
Watch the Price Action over the next few days.
Here is an interesting daily chart of Porsche. You can see that price, having rallied past recent highs in the region of E96, performed a double-top off the 100 Euro area.
We know see price trending down towards the E80 area, and so we come to a decision point. Does price break the support at E80? Or does it break the bearish trendline and rally again towards the 95-100 area?
Watch the Price Action over the next few days.