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Pacific Sunwear of California Inc. Message Board

  • steem@ymail.com steem Oct 9, 2012 4:05 PM Flag

    Levels of support?

    What levels of support are we looking at at this point? $2.22? $2.18? I feel like if it drops below 2.18 I will be selling my long position... We might see a $2 retest giving a fact that no interest at this stock is shown at current levels and it keeps falling down

    Thoughts?

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    • Looks like we broke the 50D MA today and are sitting at 1 support at 225. Maybe a hammer stick at close which usually will signify a turn in trend. I have my stop order in at 218, hopefully we don't hit it. It sucks that the pattern is pretty much broken, double bottoms are usually profitable, figures...

 
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