PBHG Daily Chart ~ A Declining Stock About to Turn
Post# of 2559
Posted On: 01/19/2014 8:08:06 PM
PBHG Daily Chart ~ A Declining Stock About to Turn Up Again?
Here's a request from over a dozen people. Simply stated, PBHG needs to turn this week or face the possibility of double zeroes. The stock has returned to .012 from a four day run in November, from .012 to .14, after a 2.5 month steady decline. It appears there is a lot of interest as per the number of requests I've received. As to the chart, the stock is definitely a lot cheaper now than it was at anytime since early November. The MACDs have already bottomed out but are showing no divergence to the upside yet. The FullSto has again entered oversold levels but needs to cross to the upside and move back above its 20 line. The RSI stopped falling and has flattened out since mid December. Although no buy signal has been given yet, a calculated entry would be in the .012s as that is where the stock has found short term support. The next few days should tell the short term tale of PBHG's share price. GLTA
Here's a request from over a dozen people. Simply stated, PBHG needs to turn this week or face the possibility of double zeroes. The stock has returned to .012 from a four day run in November, from .012 to .14, after a 2.5 month steady decline. It appears there is a lot of interest as per the number of requests I've received. As to the chart, the stock is definitely a lot cheaper now than it was at anytime since early November. The MACDs have already bottomed out but are showing no divergence to the upside yet. The FullSto has again entered oversold levels but needs to cross to the upside and move back above its 20 line. The RSI stopped falling and has flattened out since mid December. Although no buy signal has been given yet, a calculated entry would be in the .012s as that is where the stock has found short term support. The next few days should tell the short term tale of PBHG's share price. GLTA
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