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Analysis: #NASDAQ $PLCE
Case 330 #The_Childrens_Place Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#PLCE 1/4
Case 330 #The_Childrens_Place Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#PLCE 1/4
Chart 1
Monthly Chart: Dec. 2019 saw the breakdown of long term #trendline support and all gains since 2000 have been wiped out. Support was eventually found at the #confluence of the #Fib. 0.942 and 1997 trendline, with a good .....
PLCE 2/4
Monthly Chart: Dec. 2019 saw the breakdown of long term #trendline support and all gains since 2000 have been wiped out. Support was eventually found at the #confluence of the #Fib. 0.942 and 1997 trendline, with a good .....
PLCE 2/4
..... reaction to the upside. Resistances (#SMA 200, Fib. 0.618 and trendline #support turned #resistance) are in a formidable $9 range and price is stalling at the SMA 200.
PLCE 3/4
PLCE 3/4
