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Analysis: #NYSE $PNC

Case 328 #The_PNC_Financial_Services_Group Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#PNC 1/4
Chart 1
Monthly Chart: The long term trend is #bullish and #momentum has been positive since 2011. There have been 3 serious breaks to the long term trend and on 2 occasions, and many years later, price moved higher. The reaction off #SMA 200 and .....

PNC 2/4
..... Fib 0.50 has been very good. Resistances at the #trendline 161.41 and #pivot 159.63 are formidable but will eventually yield - the long term objective is 180.10.

PNC 3/4
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