Kumo Break on PX

PX continue to slowly move up and has pierced through the Kumo or Cloud today. This is another bullish signal for PX. Newly found support will be the Senkou Span and the 9.09 or the 50% Fibonacci Retracement level. If this will hold then we might see PX hit the upper slope which is our resistance. From there we will monitor if we will have a bearish candlestick formation. Last time it hit the upper slope we saw a Shooting Star.

Caveat!

One Response to Kumo Break on PX

  1. Welmar Villanueva Chavez says:

    thankz

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