I am watching this stock for an entry point and looking at the chart, PVN has been at this point recently and has pulled back. Since volume was not extraordinary, then I suspect that there might be a light oullback to the $7.50 area and then hopefully followed by a strong volume day and push through 8 to the 10 area. Your thoughts please.
If you have been watching this stock, and hav'nt bought already based on what you have seen, I don't think that there is anything, anyone, can say that is more convincing than what your own eyes have seen. We will not see $7.50 again. Thru bad markets, terrorist threats, bad news and reports, it just kept on going. I think you have it backwards, HEAVY volume with the price rise might set up a downward turn. You're hoping for 3 things to happen, a big pullback ( just so YOU can enter) , then a strong volume day, then a big push to $10. Don't think you can write a script like this for any stock. This is what is called a dream, not a plan.