Support Levels:
1. $2.50: This level has recently acted as a strong support and could be a critical point for any potential downward corrections.
2. $2.65: This has been identified as a near-term support, reflecting the current trading price range stability.
Resistance Levels:
1. $2.85: This level is currently being tested and if PHB manages to break through, it could signal a strong upward movement.
2. $3.00: This is a significant psychological and technical resistance level. A successful breach could indicate a bullish trend continuation.
Technical Indicators:
• Moving Averages: The 50-day and 200-day moving averages are trending upwards, indicating bullish momentum. The 50-day moving average is currently acting as a support level.
• Relative Strength Index (RSI): The RSI is within the neutral zone, suggesting that PHB is neither overbought nor oversold at the moment .
These levels are vital for monitoring price movements and making informed trading decisions. Always consider additional factors and market conditions when evaluating these technical indicators.