Post by
madmann on Aug 11, 2015 10:22pm
Technicals
Death Cross imminent............Sorry to be the bearer of bad news!
I was wrong with the cup and handle and the support at .22. lets hope am wrong here too!
Comment by
Kodiboy on Aug 12, 2015 7:46am
Madman, sorry to put you on the spot, nothing sinister...but, what price point does this death cross relate to for Pgd when it happens? Thx
Comment by
Kodiboy on Aug 13, 2015 10:29am
madmann...when is this death thang supposed to happen?
Comment by
madmann on Aug 13, 2015 10:45am
Its basically happening now.............when the 50 day moving average (curently .22) drops below the 200 day moving average (which is currently .22). Witht the stock trading at .17 then the 50 day average will soon drop below the 200 day average hence the death cross. I cant post it here, got to stockcharts.com........type in pgd.to