TSXV:PEC.H - Post by User
Comment by
Investor001on Oct 16, 2012 2:59pm
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Post# 20489948
RE: Looks ready to move again
RE: Looks ready to move again This stock has been consolidating since last week for what I believe to be another run up to the mid .30. It has been forming a triangular pattern and volatility as well as volume have been diminushing during this formation, another good indicator that we might have a breakout ahead of the drilling news. Typically, the market will speculate ahead of news and try to price in as much as it can. Buckle up! GL