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iwantinvest

Bulls couldn't set new a ATH on Playway; good spot to short

Short
PLAYWAY (GPW:PLW)  
iwantinvest Mis à jour   
GPW:PLW   PLAYWAY
Harmonic Patterns Trend Analysis
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harmonicpatterns trendanalysis
PLW

It looks like after setting a new ATH (due to excellent Q3 results) the bulls don't have enough power to bring the price to higher levels. I used XABCD formation + Fibonacci Retracement and I believe we may see the price falling to PLN 197.
Commentaire:
Playway has been in a strong positive trend for many months, plus the business has a great perspective ahead. I'm selling my shares next week to buy them back when they reach around the level of PLN 200.00.
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