Posted On: 12/16/2013 7:12:16 PM
Post# of 2561
PGNX Daily Chart ~ Let's Cross That MA200
I forgot to post this chart on Friday after taking a position in the 4.30s after getting close to the MA50 on Thursday. Not the best chart setup, but I like the approx 50% retracement from the recent high along with the curling towards the upside of the FullSto and MACDs. The RSI also held its 50 line and is turning up. January could be a green month as the company begins to present info. Obviously, a move above the MAs and exceeding that high of 5.29 would be a good thing. GLTA
I forgot to post this chart on Friday after taking a position in the 4.30s after getting close to the MA50 on Thursday. Not the best chart setup, but I like the approx 50% retracement from the recent high along with the curling towards the upside of the FullSto and MACDs. The RSI also held its 50 line and is turning up. January could be a green month as the company begins to present info. Obviously, a move above the MAs and exceeding that high of 5.29 would be a good thing. GLTA
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