PNC daily Oct 16th
The PNC (PNC Financial Services Group) short trade hit T1 yesterday which was the sole official profit target at 78.20. I had also listed a second target zone which was likely to be extended as the final target but as I had not made that target official before T1 was hit, I will have to consider this trade completed. For those still short, PNC has a better chance of reaching that second target zone now that the intermediate-term trend is bearish. Consider booking partial or full profits and/or lowering stops if still long. PNC will now be removed from the Active Trades category without any additional updates.