Daily Sentiment: Bullish.
Weekly Sentiment: Bullish.
Trend Strength: Strong
First Target: 2919 (Pivot point)
PEL has reached crucial support zone and this is place where rise could resume.
If that happens first stop could be around Pivot point.
Close above it and next stop will be previous highs.
Close above highs and rise will continue.
Close below Buying zone could result in more than 4% fall.