OTCPK:JENGQ - Post by User
Comment by
steam73on Nov 14, 2012 11:05am
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Post# 20598568
RE: RE: RE: TD report
RE: RE: RE: TD report
Haven't read any of the reports, but given that they are increasing their customer base, revenues and earnings have increased in the last Q report and management has indicated the dividend will be maintained, it seems odd that we are seeing the selling pressure today on the share price.
RSI and Bollinger Bands indicate heavy oversold conditions, MACD negative but a wide divergence from the signal line. I would expect a moderate rebound in the days ahead, perhaps to around mid 9 by sometime next week.
Steam