Posted On: 03/24/2014 12:36:41 AM
Post# of 2561
PBHG Daily Chart ~ Sitting on the MA50
Without a doubt, PBHG needs to move up, and it needs to do it quickly. A break and close below the MA50 would probably shake out the weak hands along with some who might be handing on because of the 50. Whether the bottom is here at .015 or a bit lower, I don't see a huge concern either way. It would be nice to get some help from the chart, but the MACDs aren't much help since the signal and indicator lines have been glued together for months. New management and the recent releases by the company, should bode well for those with patience. I think the worst is finally over with. GLTA
Without a doubt, PBHG needs to move up, and it needs to do it quickly. A break and close below the MA50 would probably shake out the weak hands along with some who might be handing on because of the 50. Whether the bottom is here at .015 or a bit lower, I don't see a huge concern either way. It would be nice to get some help from the chart, but the MACDs aren't much help since the signal and indicator lines have been glued together for months. New management and the recent releases by the company, should bode well for those with patience. I think the worst is finally over with. GLTA
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