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Analysis: #NYSE $PPG

Case 260 #PPG_Industries Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#PPG 1/4
Chart 1
Monthly Chart: Price has been rising strongly since 2009 and peaked in Dec. 2019 at 134.36 then suffered a dramatic fall closing strongly below the 2015 trendline but finding #support on #Fib. 0.50 ahead of the monthly #SMA 200 (currently .....

PPG 2/4
..... 64.91)- below here minor support 60.00-48.40). The main objective is 146.60 but for this to happen price needs to reclaim the 2015 #trendline (current slope = 100.10) then close above the old range top 120.47.

PPG 3/4
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