PARD, not much to say, it broke out of the base and rallied
about 25% and has pulled all the way back below the breakpoint; the
positive would be that the pullback has occurred on lighter volume.
If it's going to go up again, it needs to do so right around here,
I think one could take a shot here buying some witha stop
below the 50 MA. Or watch a 60 min chart and wait for a
reversal candle
RNN & PARD
Posted by mikeovanes on 26th of Jan 2011 at 10:46 am
Dear Matt:
What is your opinion on these two stocks?
Thanks,
Mike
mike - here's your charts,
Posted by matt on 26th of Jan 2011 at 10:58 am
mike - here's your charts, RNN has had a nice run but still look good, maybe forms a bull flag here and goes up to $2
RNN chart
PARD, not much to say, it broke out of the base and rallied about 25% and has pulled all the way back below the breakpoint; the positive would be that the pullback has occurred on lighter volume. If it's going to go up again, it needs to do so right around here, I think one could take a shot here buying some witha stop below the 50 MA. Or watch a 60 min chart and wait for a reversal candle
PARD chart