PIOC - Closed below the imminent resistance level @ 123 indicates the more pressure ahead leading towards crucial support lies around the 109 level, Any break below could extensively sell off further towards 104 - 96 levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
