$PESI trying to pull a $MU

24 Oca 2021

Besides what I view as very similar price action, PESI found support over the last few weeks right at the $5.80 level. Looking back 6 years, the $5.8-5.6 area was tested 3x as resistance and has just been turned to support.

-A close below the rising trendline support around $5.85 would violate my thesis for PESI following the MU path.

-MU gained 60% from the date shown

***I personally bought PESI this past week @ $6.50***

27 Oca 2021

Not

Looks to me like the MU-style move is beginning

17 Şub 2021

Not

Still in this, I see a breakout, a pullback and I think the move is coming this week (10% minimum)