Technical Analysis (TA) of PHA And Trading Strategy: #PHA

Technical Analysis (TA):

- Moving Averages (MA): The 50-day MA is trending upward, indicating bullish momentum.

- Relative Strength Index (RSI): RSI is in the neutral range (50-60), suggesting neither overbought nor oversold conditions.

- Support and Resistance: Key support is at $0.40, with resistance at $0.55 and $0.60.

Trading Strategy:

- Entry Point: Consider buying when the price retraces to the support zone of $0.40 - $0.42, near the 50-day MA. $PHA

- Take Profit: Set profit targets at $0.55 and $0.60, depending on your risk appetite. $PHA

- Stop Loss: Place a stop-loss below $0.35 to protect your capital if the price breaks the support level. $PHA