Lateral resistance test coupled with a break of the downtrend line May signal reversal for PLX, bulls would like to see continuation here!
Though H & S Top have high failure rate, their measured moves CAN be precise. Bulls want to see a reversal soon with this stock.
A wedge break may suprise shorts in run to earnings within a week. Conversely, bulls may be disappointed with unreasonable expectations. Many factors are in play for this potential industrial disruptor. Among elements of importance for this quarter are initial revenues, gameplan execution and key news and anouncements.
current prices reflect 61.8 Fib Retracement from breakout gap Bulls would like to see a reversal here. Bears would prefer the over obvious H&S top with a gap fill climax. What do the odds favor?
potential change of trend with break and further confirmation over $15
There still may be a buy and hold option, or an 'investment' in old school speak.
Looks to be a potential retest of medium term break in downtrend. Confirmed by reversal around the 36 level.
good digestion of low float stock with LOW BETA, good in current rising risk environment, fundamental story continues to develop, good company with strong holders, look for offers to dissipate and further annouoncements of corporate progresss toward goals.
wedge break may produce another powerful move higher, original note dtd 5/18
new technology in an old industry, lead acid battery recycling. Unglamorous, but necessary and economically viable with positive 'green' twist. Not investment advice, do your own due diligence.
Potential fall from flag break. We get BBY SHLD and COST as potential catalysts this week of 5/23.
this stock has fallen severely, but for good reason if you listened to their conference call last earnings dire need of better management and a plan vulnerable in this market environment but with higher potential during any shortened bear market rally