PLG fair value back testing. In many cases, the technical phenomenon in stock markets is that a stock tests its own fair value back with a symmetric wave sequence. Before another big rise. We can also see this phenomenon in PLG. The fair value of the PLG share is 5.34usd. This level transformed into the wave axis of the next wave motion. Therefore, I assume that a symmetric wave motion with a support level of 4.44usd is built on this axis. Then we turn north from this level again and see a further rise with a target price level of 10.77usd.
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