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Perrigo Company Public Limited Company Message Board

  • valuecap valuecap Mar 1, 2011 3:49 PM Flag

    Likely down tomorrow

    Technical analysts will recognize that PRGO hit the high at 10 am (a classic situation). Then...it trends down the rest of the day. If PRGO closes at or near a low for the day (and below the open)...it would be a true classic situation. While PRGO may be up tomorrow (Wednesday), today's action suggests otherwise. Technical analysts would expect PRGO to be even lower tomorrow. Not suggesting anyone act on this (I certainly will not)...I'm just making an observation.

 
PRGO
185.22-2.97(-1.58%)10:22 AMEDT