Putnam Panagora ESG International Equity ETF Price & Performance (PPIE)

The Putnam Panagora ESG International Equity ETF (PPIE) is currently testing its support at $23.35, signaling a potential buy opportunity. Resistance levels are identified at $24.22, suggesting a short position if tested. These indicators provide clear entry and exit points for traders using technical analysis.1

PPIE's resistance at $24.01 could indicate a buying opportunity if broken, with a stop loss set at $23.94. Conversely, testing this resistance without breaking it suggests a short position targeting $23.16. These strategies emphasize the importance of monitoring resistance levels for timely trading decisions.2

For day traders, PPIE's resistance at $23.92 offers a potential buy signal if surpassed, with a target of $24.22. Alternatively, a short position may be considered if resistance is tested but holds, targeting $23.35. These plans underline the dynamic nature of intraday trading.1