PZZA: ⬆️ Buy
– PZZA reversed from the support zone
– Likely to rise to resistance level 40.00
PZZA recently reversed from the support zone between the long-term support level 30.00 (which started the sharp weekly uptrend at the start of 2020) and the lower weekly Bollinger Band.
The upward reversal from this support zone stopped the previous intermediate impulse wave (5) from the end of 2024.
Given the strength of the support level 30.00 and the oversold weekly Stochastic, PZZA can be expected to rise to the next round resistance level 40.00.
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