inside consolidation day from recent move. daily chart looks good as MacD showing positive divergence. Looking for some upward movement this week. I believe we could close above 5 by friday wihout news. earning momo should be enough right now.
Look at the weekly chart with Keltner Bollinger band and 50 day ma. We are at the beginning of an extended run in the weekly...coiled and ready ... .setting up for a powerful move late summer and fall... $12 target for me by Thanksgiving....
cabo, I know you are new to this board, and quite eager to show everyone how much chart knowledge you have, but this stock goes out of its way to defy chart analysis. Many have tried and failed in glorious fashion. Don't be impatient and throw out random close numbers by Friday. I have already given you the name "pant load" for a reason. Stop trying to prove that the name is warranted. Be patient and let manufacturing do their job. It's going to take a little time to get this ship rolling. CF will yell "Iceburg" in the reply, I'm sure.
ends met: call me what you want but fundementals and techincals allow traders to have a better picture of forward movement. as you know most tools are lagging indicators thus they just confirm a move. but , i'm sure you knew that.
I agree this POS is going no where, though I am long and like actual PPS, this big POS is a nightmare for long term holders, lost time and big opportunities have faded away and the stock is a load of short sellers. A nit-wit dreamer killer.