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PRGX Global, Inc. Message Board

  • mcaet mcaet Dec 7, 2005 8:37 PM Flag

    RE: Good Action

    Now, many people may consider .7 a pivot point but .66 is the pivot point and if we open it at and around .66 tomorrow we will take easily in the early trading the minor resistance at .7 and taste .80 as the main resistance. If we break the main reistance at .80 we will close strong in this week. I am not sure how long the second rup up will last but if any occurs tomorrow will be the main floodgate. Remember, day traders can only take us up and down with high volume. So far the bear and bull are fighting over this stock in order to decide the stock's direction and I may call it buy instead of hold. I liked today's trading action and the way the stock traded over 3million between .61 and 65 which shows that bulls are fully prepared to take control of the next trading unless any bad news hit the wire.

    You can buy at the open and enjoy the trade and make money.

4.98+0.05(+1.01%)Aug 23 4:00 PMEDT