
Post
Julie B
$PHA gave back its push to $0.02857 and is now sitting at $0.02754 support, below all three displayed averages. A tiny bounce isn’t enough to erase that rejection.
Bearish idea, derivatives only: Entry $0.02780–$0.02800 if the rebound fails. TP1 $0.02754 | TP2 $0.02720 | TP3 $0.02700. SL $0.02817.
This is a thin market; size and execution deserve extra care. On spot, I’d look for a reclaim of $0.02784 instead.
#FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged
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