OTCPK:PDPYF - Post by User
Post by
Indicatoron Jun 04, 2015 1:16pm
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Post# 23797365
TA
TAPPY is still on upward trend line/daily chart, on this low volume pullback. Shorts want to push lower, but buyers are meeting them at support.
if this $7.85 holds up for a few days, we have a nice bullish ascending triangle taking shape which tends to confirm continued upward trajectory.
if $7.85 doesn't hold, then trend line is breaking and we have to look for next support at $7.50 area.
I fbuyers wane, Shorts may try to flush below support to scare out technical traders, prior to covering and PPY bouncing back.
https://stockcharts.com/h-sc/ui?s=ppy.TO