On Jan 2016, I wrote about PF range breakout above P130.
On April 2016,its price had almost doubled when it touched P250. That’s a great performance , and a trend follower’s dream. All he/she had to do was sit for 3 months.
Price had retraced towards its 23.6% Fibo retracement level from that P250 April high.
Today, Jan. 24, 2017, PF revisited this high and closed at P250 after reaching a high of P251.
If PF breaks above this level, it will meet resistance at P275 next, its March 2014 high, an almost 3 year high.
Way to go, PF!