PNC Financial Services Group has been in a bearish correction mode since tagging $162.50 in March. A few months later, price has tagged a low of $133.50. We still might have some more downside, but I would start looking for support as price slides towards $130. PNC Daily Chart(click to enlarge)Falling Wedge vs. Pivot:- The daily chart shows a falling wedge with price heading towards a previous support/resistance pivot area just above $130.- I think we should see support just above $130, especially if the daily RSI shows a bullish divergence. - Then a break above $140 would be a strong bullish continuation sign.- A break below $130 on the other hand simply continues the current bearish correction. Key Support:- That $130 -$133 area is indeed a key support/resistance pivot.- When we look at the weekly chart, we also see that the RSI is right around 40. If the overall long-term momentum is still bullish, we should see the weekly RSI turn up from 40. - Doing so reflects maintenance of the long-term bullish momentum, which coupled with a break above $140, would likely challenge the high on the year around $163.PNC Weekly Chart(click to enlarge)