Time to start buying PPL Corp Stock?

PPL

After running some scans, I came across this particular stock. PPL is sitting on a nice support level at the moment, and could easily start appreciating starting at this point.

Observing past price action, we can see that there is a good chance that we see price auction back up to $40. Jump in and make some money. If price continues to drive farther down, cut losses fast at $31.