GREY:PTQMF - Post by User
Comment by
DetVicMackeyon Jan 04, 2011 1:18am
265 Views
Post# 17920669
RE: RE: RE: RE: Technicals
RE: RE: RE: RE: TechnicalsPTQ closed 2010 with a bearish trend of lower highs and lower lows, but on very light 3-week volume. Prices would need to move above 1.09 for the trend to turn neutral. A move and close under 0.99 would continue the trend lower.
12/20/2010 9:24:53 AM | | 127 reads | Post #29012482
New higher low in place at $1.08. The most recent high is at $1.18 so a move and close above that would establish a higher high in the uptrend. Volume is expected to pick up again should prices push above $1.22.
12/8/2010 9:31:19 AM | | 120 reads | Post #28960270
The 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.