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  4. Petrone Worldwide Inc. (PFWIQ) Message Board

The Chart looks promising to me. MacD has just sta

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Post# of 20
(Total Views: 1128)
Posted On: 10/12/2017 10:03:27 PM
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Posted By: OldSaltDawg
The Chart looks promising to me. MacD has just stayed at 0.00 for the past month. RSI is at 47.74 and headed up, Slow Stochastic is rising at 28.40. Strong Resistance at .0045 and then .0053. Support is .0024. Volume has been good the last two days and needs more.

With what you have brought up and what I have read on the company I agree the company should see a significant rise in PPS during the next several quarters based on the increase in revenues.

I took a position this afternoon and intend to see what happens in the morning as to when I increase that position. Hopefully immediately at the open.

I have to say that I am not savvy when it comes to these micro-cap stocks. AMFE, ONCI and RJDG are the only other micro-cap companies I hold.

I dont believe charts work for these small companies as news, rumours, PR's but especially those pesky MM deciding what they want is what makes these move in my opinion.

Thanks for taking the time to draft up something for me to start with. You did a great job. Good luck to us.


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