PLC trend trading potential

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PLC revisited the nearly 5-month uptrend line around MA50, a potential support area for the current trend.

*Major support at 1.20.

Trading Plan
- Test buy near the uptrend support line or around 50MA to ride the trend.
- Set stop-loss just a bit below 1.24 or on major support breakdown.
- Profit run a winning trade with trailing stop.


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