$PVHO shares have been in consolidation mode after
Post# of 98027
Posted On: 11/09/2016 6:11:50 AM
$PVHO shares have been in consolidation mode after huge gains in the first half of the year. The stock is still up well over 100% in 2016 – it’s breakout year.
The key to note is the strong supportive accumulation bid that has been coming into play repeatedly between $0.14-0.18. That may be insiders or well-connected institutional or high-net-worth players. We can’t be sure. All we can do is note the action. And the action looks promising.
Recent oversold indications have come into play with RSI falling under 35 on a couple of occasions, suggesting the weak hands are being kicked off the bus at the worst possible time. That helps new money find a strong-handed entry.
We also see the MACD flashing a bull signal right now as the stock penetrates its downtrend line. It all adds to something potentially “special” right now. http://www.bullishguru.com/provision-holdings...e-to-2016/
The key to note is the strong supportive accumulation bid that has been coming into play repeatedly between $0.14-0.18. That may be insiders or well-connected institutional or high-net-worth players. We can’t be sure. All we can do is note the action. And the action looks promising.
Recent oversold indications have come into play with RSI falling under 35 on a couple of occasions, suggesting the weak hands are being kicked off the bus at the worst possible time. That helps new money find a strong-handed entry.
We also see the MACD flashing a bull signal right now as the stock penetrates its downtrend line. It all adds to something potentially “special” right now. http://www.bullishguru.com/provision-holdings...e-to-2016/
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