GREY:PTQMF - Post by User
Comment by
DetVicMackeyon Dec 08, 2010 9:31am
143 Views
Post# 17817200
RE: RE: Technicals
RE: RE: TechnicalsThe trend has turned bullish as of yesterday's move above $1.12 (high at $1.14) and close above $1.10 (settled at $1.11). The daily chart now shows a pattern of higher highs and higher lows. The uptrend would be negated should prices fall under the most recent low of
.96.
12/4/2010 11:35:35 AM | | 120 reads | Post #28943326
This past week gave us a higher low,
.87 to
.96, on the daily chart. However, the trend is neutral unless the stock can move and close above $1.12 to give a higher high. Volume continues to be diminishing which suggests a neutral consolidation pattern in the short term. Ultimately getting above $1.22 would be very bullish. Falling below
.86 would be very bearish.