PAAL pushed a bit lower with the market, going for the SSL on the prior daily lower low.
Its since done a PO3 move, liquidating the lows after creating a range, taking the SSL and aligning bullish in the daily range after mitigating HTF monthly demand in a heavy discount. Nice supporting volume coming in as price hits a heavy discount and key levels and price is moving sideways after since the high volume low got put in, supporting price from this level. Good signs of accumulation and a possible trend shift setting up here from the daily and first range,
Its gave a nice daily MS to the upside from the sweep of the range into HTF demand and i think this now looks good for continued upside, at least into the $0.39 level.
Im looking for a strong weekly close to show intent to push higher from the weekly into the $0.38 level and beyond,
Very attractive gains on this one and good potential especially with current price levels, makes a great DCA down in the discount before the market looks to continue pro trend bullish.
Don't miss your chances to get risk on in the market, don't miss your chance to DCA whilst things are in very attractive levels and discounts because its inevitable the trend will shift sooner or later and you'll have missed your chances over the last few months of getting great entries if you don't have a plan and strategy in place to capitalise on the next moves in the market.
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.