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Bullboard - Stock Discussion Forum Peerless Systems Corporation PRLS

NDAQ:PRLS - Post Discussion

Peerless Systems Corporation > Upside volume coming back into the stock
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Post by pro_trader on Dec 02, 2008 10:07pm

Upside volume coming back into the stock

Shares of PRLS  rallied over 4% today after testing the new $1.85 support. Equally as important, upside volume is begining new come back into the stock at current levels. After closing at $1.93, it looks as thoughthe stock will restest previous resistence at $2.06. Shares should be accumulated on any weakness in advance of this likely rally.
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