From TradingView · · 30s
PABC Stock Analysis
PABC stock shows strong support but faces resistance.
In brief
PABC stock shows strong support but faces resistance. PABC stock holds strong support from trendlines and MA200 but faces descending trendline resistance. Originally reported by TradingView.
PABC stock support
PABC stock is taking support from its long term trendline and MA200 on weekly basis.
Resistance levels
Descending trendline stops upward movement while symmetrical triangle formation could unlock target to pivot 130.
Current position
Double bottom formation almost complete with fundamental strength but no buy/sell recommendation.
The key point
PABC stock holds strong support from trendlines and MA200 but faces descending trendline resistance.
