PIPPIN has been quite interesting lately. The triple top was directly broken through, and now it's piercing through the 15-minute, 1-hour, and 4-hour moving averages in one go. The momentum looks good. The next test will be the 0.36 resistance level on the daily chart. If we can break through that, the next target would be the 0.5 level, which is an even stronger barrier. From a pure technical perspective, the trend looks nice, but frankly, it smells like strong buying power is entering. How far PIPPIN can go depends on whether there's sustained follow-through buying.
PIPPIN has been quite interesting lately. The triple top was directly broken through, and now it's piercing through the 15-minute, 1-hour, and 4-hour moving averages in one go. The momentum looks good. The next test will be the 0.36 resistance level on the daily chart. If we can break through that, the next target would be the 0.5 level, which is an even stronger barrier. From a pure technical perspective, the trend looks nice, but frankly, it smells like strong buying power is entering. How far PIPPIN can go depends on whether there's sustained follow-through buying.