A strong trend which began from the 2009 lows preceded by a #parabolic move recording new all time higher highs.. We await a correction below the steep rising #trendline at supports noted 82.76, 80.00 and 77.00 before deciding to enter.
PLD 2/6
PLD 2/6
Chart 1
Monthly Chart: Strong support noticed off #Fib 0.786 coupled with pivot support. Resistance noted at Fib 1.414 and current all time spike. A steep rising trendline (teal) must be watched closely, sooner or later the parabolic must correct lower and break the TL.
PLD 3/6
Monthly Chart: Strong support noticed off #Fib 0.786 coupled with pivot support. Resistance noted at Fib 1.414 and current all time spike. A steep rising trendline (teal) must be watched closely, sooner or later the parabolic must correct lower and break the TL.
PLD 3/6
Chart 2
Weekly Chart: Fib support and #resistance areas are very clear. The spike high approximately $1 off the trendline pivot.
PLD 4/6
Weekly Chart: Fib support and #resistance areas are very clear. The spike high approximately $1 off the trendline pivot.
PLD 4/6
Chart 3
Weekly Chart: A break/close below the rising TL line will target Fib 1.272 (now support) and weekly pivots 80.03, 77.67.
PLD 5/6
Weekly Chart: A break/close below the rising TL line will target Fib 1.272 (now support) and weekly pivots 80.03, 77.67.
PLD 5/6
