OTCPK:PDPYF - Post by User
Post by
TheGeneral1on May 29, 2016 12:51am
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Post# 24913672
Graph analysis won't work over the next year with ppy
Graph analysis won't work over the next year with ppyTechnical analysis on this stock is useless, I know, I have tried to figure out some pattern and through rsi, fast and slow stochs, candlesticks, long and short term, It doesn't matter. The growth of ppy's production is causing people to buy and hold, they don't want to miss the train. Ever since 5.78, Ppy has not relented while other stocks have gone up and down with the markets. Ever since $6, I wanted to buy a few more and was waiting for a normal pullback but atlas had to buy some more at 705. We are not going to see 6, and definately will never see 5 again. This is not encana, stock charting will not predict significant events that are happening to this stock in the next year. Sure, when the markets goes down Ppy won't go up a lot, but it has significantly been outperforming almost All contemporaries in the last month irrespective of charting.