PCLN Follow Up

If you got in on the latest PCLN trade you'll want to keep an eye on some key levels coming up.

 This will likely be the first support zone, look for either a bounce here or a break then a bounce, it may cross back and forth above and below this trendline several times. If you want to know what 3C is looking like, just email me, but again, this was an entry without a lot of risk and should be viewed in a larger context. The second support line is going to be the important one, it would be the break that we don't see too often in PCLN and probably set off a rash of margin calls.

Here's what the zones look like on a daily chart. Just giving you a heads up on what to expect, of course market action can influence PCLN trade as well so keep an eye on the updates as well.