The PSNY stock is at a bullish 1.618 fibonacci level along with a confirmed bullish divergence on the weekly chart. My TA is saying that the stock will surge towards the $4 resistance level in no time. All indicators point towards a highly promising upward trend, so I’m going to be bold and put a call out for $4.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.