Morning Trend | PFGC Large Order Pressure Released, Rebound Opportunity Emerges?
Performance Food Group (PFGC.US) has recently faced significant pressure from large orders, with the intraday resistance level being tested repeatedly. At the end of yesterday's trading session, there was a surge in active buy orders. Community traders stated, "The pressure is about to end, and we can focus on the rhythm of lifting." Technically, the key support is at the $74.5 level, and the MACD has entered a turning point between bullish and bearish. The intraday volatility has suddenly intensified. If the main capital's unusual movements can continue to increase, the short-term rebound window will fully open; otherwise, when sentiment is weak, it is easy to see a rise followed by a pullback. The defensive theme in the food circulation sector is heating up towards the end of the year. The subsequent trend of PFGC needs to focus on the overall linkage of sector funds, as large-scale capital will determine the rhythm
Performance Food Group (PFGC.US) has recently faced significant pressure from large orders, with repeated testing of resistance levels during the trading session. At the end of yesterday's trading, there was a surge in active buy orders. Community traders stated, "The pressure is about to end, and we can focus on the rhythm of lifting." Technically, the key support is at the $74.5 level, and the MACD has entered a turning point between bullish and bearish. The intraday volatility has suddenly intensified. If the main capital's unusual movements can continue to increase, the short-term rebound window will fully open; otherwise, when sentiment is weak, it is easy to see a rise followed by a fall. The defensive theme in the food circulation sector is heating up towards the end of the year. The subsequent trend of PFGC needs to focus on the overall linkage of sector funds, as large-scale capital will determine the rhythm
