PEL monthly chart.. Bearish Engulfing?

i would be cautious on this stock even though its a lot of people preferred stock..

Disclaimer: not an trading/investment recommendation
not invested
Feedbacks welcome :)

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broken monthly trendline..can except lower levels after bounce

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broken monthly trendline convincingly. expect 1900 first.

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first target 1900 reached.. can test 1600 down the line..maybe even 1450..