Pacific Sunwear of California Inc. Message Board

gwconcord gwconcord • Sep 28, 2012 3:39 PM Flag

0 users liked this posts users disliked this posts 0

Reply

What do technical traders think?
Last Friday, the technical analysis from my broker said "double bottom" with a bullish price target of $3.80 to $4.10. The overall market has been bad since then, so it would seem that is contributing to the recent down trend.
Sort: Newest | Oldest | Most Replied Expand all replies
- steem@ymail.com steem • Sep 28, 2012 4:18 PM Flag
  
  0 users liked this posts users disliked this posts 0
  
  Reply
  It is a double bottom and yes price will go to that range of $4 just hang in there it will be slow process but it's coming already.
  
  Sentiment: Strong Buy
  - 2 Replies to steem
  - gwconcord gwconcord • Oct 1, 2012 10:18 AM Flag
    
    0 users liked this posts users disliked this posts 0
    
    Reply
    
    Thanks. I was going to hold because I believe this company is turning around, regardless of the technical analysis, but in the mean time, technical analysis is currently making this more interesting to watch.
  - isnides isnides • Sep 29, 2012 8:00 AM Flag
    
    0 users liked this posts users disliked this posts 0
    
    Reply
    
    Yep and it is testing the neckline support, a normal and healthy phenomenon.
    
    Sentiment: Strong Buy
    - 1 Reply to isnides

Back To Board

Previous topic Next topic

PSUN

2.98May 21 4:00 PMEDT