PPL Corp. (PPL)
Date of Analysis: February 19th, 2025
Time Target: A major cycle top is expected to arrive in June 2025. We have two long-term X-cycles arriving in June and in October 2025. After putting in a top, PPL will sell off to its major cycle bottom, which is expected to arrive June 2026.
Price Target: Our first target is located at $39 +/- $2 with stop loss at $42. If PPL breaks above this target, the next target is at $50 +/- $2.
Projected Move: A down move of approximately 30% within the forthcoming 8-12 months is expected.
In summary, PPL is expected to develop a top to bottom fast move approximately from June or October 2025 to June 2026. The drop in price is expected to be from $39 a share down by approximately 30%.
