PRED - Chart Link- rare do I mention PRED
however it looks interesting again, it went through that big run
from Feb to May last year then had the BIG dump! It's however
been basing nicely and the moving average ribbon is pinching,
meaning energy is pent up. It also did slightly break that
progression of lower lows (see magenta lines) with that pop in Jan
and has a potential higher low. It's also been basing.
I personally despise these Pink Sheet stocks, however hopefully
won't on that for much longer if price can run up again and get on
the Nasdaq and this one does have long term potentail, but is still
highly speculative
Matt, would you look at PRED at this level with a tight stop
maybe around 0.50? I know its highly speculative but looks
like its basing although it has looked like that a few times and
surprised with further downside. Thanks!
PRED comments
Posted by matt on 29th of Jan 2020 at 11:46 am
PRED - Chart Link- rare do I mention PRED however it looks interesting again, it went through that big run from Feb to May last year then had the BIG dump! It's however been basing nicely and the moving average ribbon is pinching, meaning energy is pent up. It also did slightly break that progression of lower lows (see magenta lines) with that pop in Jan and has a potential higher low. It's also been basing.
I personally despise these Pink Sheet stocks, however hopefully won't on that for much longer if price can run up again and get on the Nasdaq and this one does have long term potentail, but is still highly speculative
Matt, would you look at
Posted by blayden on 2nd of Mar 2020 at 11:11 am
Matt, would you look at PRED at this level with a tight stop maybe around 0.50? I know its highly speculative but looks like its basing although it has looked like that a few times and surprised with further downside. Thanks!
Also seems to have an
Posted by EdZ on 29th of Jan 2020 at 01:09 pm
Also seems to have an inverse H&S pattern.
anyway that chart is a
Posted by matt on 29th of Jan 2020 at 11:50 am
anyway that chart is a good education on using the MA ribbon along with stock patterns