PXLW consolidation?
Technical Analysis:
It is currently consolidating according to MACD and BB then StochRSI is heading towards oversold area which could be an early indication that there will be a RSI/StochRSI oversold play near-term. ADX is shifting its direction, but DI+ and DI- crossover that underpins that StochRSI play.
I might take a small position once the StochRSI has reached the bottom with a very tight stop.
It is currently consolidating according to MACD and BB then StochRSI is heading towards oversold area which could be an early indication that there will be a RSI/StochRSI oversold play near-term. ADX is shifting its direction, but DI+ and DI- crossover that underpins that StochRSI play.
I might take a small position once the StochRSI has reached the bottom with a very tight stop.
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