Posted On: 12/22/2013 10:56:05 PM
Post# of 2561
PGNX Daily Chart ~ Looking to Run Over the High of Late November
The second leg up since the lows of November have taken PGNX to the highest close since late Sept. Those of you who entered with me in the 4.20-4.34 level are now nearing 2-4 day gains of 25%. I would keep an eye on the 5.29 level as a necessary target to close above. Should that occur with strong volume, the 6.00-6.29 highs of late Aug/early Sept could be tested. The MACDs have plenty of room to run, but as always, trade smart. GLTA
The second leg up since the lows of November have taken PGNX to the highest close since late Sept. Those of you who entered with me in the 4.20-4.34 level are now nearing 2-4 day gains of 25%. I would keep an eye on the 5.29 level as a necessary target to close above. Should that occur with strong volume, the 6.00-6.29 highs of late Aug/early Sept could be tested. The MACDs have plenty of room to run, but as always, trade smart. GLTA
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