As predicted, $PUNDIX surged from $0.4045 to a high of $0.6293, delivering excellent profits for those who followed the long setup. Now after touching the upper resistance, we’re seeing a rejection and pullback.
With strong selling pressure kicking in, this looks like the start of a short-term correction. If the price fails to reclaim $0.5900, the downtrend may continue toward the $0.5250 zone.
Risk Tip: Always use stop-loss to protect capital. Lock profits at each target level on the way down.
Buy and Trade here on $PUNDIX
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.