RE:Watch your TechnicalsNinetyfourOctan, "double bottom"??? predicting future patterns or outcome would be amazing, I've never hear anyone who could do this. What I do know:
1. Daily and weekly MACD are BOTH in negative territory
2. RSI in both charts are under 50-weakness
3. 50ma on daily has crossed over the 200ma downwards for 5 weeks now and PKI couldn't hold over the 50ma over a week.
4. If you want predictions, IF PKI breaks 25-24.50 and closes below that for more then five days we head to the low $22 where the 200ma on the weekly stands -how's that?