Hello and welcome to my blog.
This is not a recommendation to buy or sell any of the stocks discussed on this blog. Due diligence is your responsibility. If you need professional investment advice then find a professional.
Another look at PCBC. Getting very close to a stop out point. The blue line is at 2.44 and would be the hard runaway point. To be more generous and given it is a three I would use 2.40 as a stop point. If that happens I would still continue to monitor the stock to see if it can move back up above the moving average. This would reset the blue uptrend price bar. Can only wait and see what happens.
Thank you for your time.
Monday, August 17, 2009
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