Not badComing into January, the massive relief in tax selling has been a real boost for a lot of stocks across the board. However, I think smart money should continue to try and pick the dips and move in on the pullbacks for PDN.
But dip pickers are running out of chances.
While I'm seeing a wide surge, there are few stocks that have the fundamental power to hold a substained uptrend.
PDN IMOP is one of those few... but picking the dip may be harder than those looking for an in think.
I think in the next two weeks picking a dip is going to be at much higher levels.
This is what an early stage pr-run breakout looks like.
A solid break over 2.50 is coming soon.
Next week should be a repeat. JMOP continued upside with nice backfill and at least one new high. GLTA
