Foren & Soziale Netzwerke zur PENNYMAC MORTGAGE Aktie

 

The daily chart for Philip Morris International (PM) shows the stock is confronting strong resistance at the 200-day moving average, with prices consistently trending below both the 50-day and 200-day averages. After a recent bounce, the stock failed to break this key resistance, which is a classic technical signal for a short-term pullback . Short-Sell RationaleThe most recent candlesticks reveal rejection at the $160 level, supporting expectations of downside movement.Technical indicators, including a weak RSI and bearish momentum, suggest limited buying strength and potential for further selling pressure.Target projections and current market sentiment point to a $5-$10 decrease over the next week, which matches observed technical patterns. This setup justifies a cautious short sell position for traders anticipating a brief decline in PM's share price.

Price has followed the broader trend structure outlined in prior updates since August and has now reached a key mid-term support zone, where at least a temporary bounce is likely. Alternatively, a breakdown below 140 would increase the odds of a move toward 130 support. On the macro time frame, the uptrend structure from the 2020 bottom continues to suggest long-term potential for higher resistance targets, as long as price holds above 127. Chart: https://www.tradingview.com/x/sR2iKm7H/ Macro view (Monthly): https://www.tradingview.com/x/lQBm8T0k/ Previously: • On key support to watch (Oct 3): Chart: https://www.tradingview.com/x/BrlCjU8F/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=RefgdvSASbW1HLEpk-qjVw • On immediate downside potential (Sep 25): Chart: https://www.tradingview.com/x/cxGHlbt2/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=LYGfigv2SVCGYegdM69qkw • On downside potential (Sep 5): Chart: https://www.tradingview.com/x/kInHXxDd/ https://www.tradingview.

Price has followed the broader trend structure outlined in prior updates since August and has now reached a key mid-term support zone, where at least a temporary bounce is likely. Alternatively, a breakdown below 140 would increase the odds of a move toward 130 support. On the macro time frame, the uptrend structure from the 2020 bottom continues to suggest long-term potential for higher resistance targets, as long as price holds above 127. Chart: https://www.tradingview.com/x/sR2iKm7H/ Macro view (Monthly): https://www.tradingview.com/x/lQBm8T0k/ Previously: • On key support to watch (Oct 3): Chart: https://www.tradingview.com/x/BrlCjU8F/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=RefgdvSASbW1HLEpk-qjVw • On immediate downside potential (Sep 25): Chart: https://www.tradingview.com/x/cxGHlbt2/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=LYGfigv2SVCGYegdM69qkw • On downside potential (Sep 5): Chart: https://www.tradingview.com/x/kInHXxDd/ https://www.tradingview.

Testing a sell in the PM simulator with a trigger at 160.08, first target at 129.73 and second target at 109.44.

Kursziel: 12.77015 €