PSNY - Adjusting the short-term vision only

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The stock closed last week with a clear reversal candle, showing weakness in the technical indicators after achieving 95% of the target for the current first wave. We expect the stock to aim for a deep correction in wave 2 or a , and if it holds above the 61% Fibonacci level around the 1.10 - 1.00 area, it will continue its bullish wave in the medium term. In the short term, there is a shift towards a bearish outlook, while positivity remains on the medium-term horizon,
Hence, we see the current rebound as an opportunity to close speculative positions, while maintaining investment positions unchanged.

Feragatname

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