Accumulating as the Monthly Chart for PFWI shows an inverted hammer reversal signal taking shape on the highest Monthly green volume ever for PFWI...
PFWI...Share Structure
Market Value1 $486,474 a/o Aug 25, 2017
Authorized Shares 2,500,000,000 a/o Aug 18, 2017
Outstanding Shares 118,652,283 a/o Aug 18, 2017
Float 44,511,747 a/o Aug 18, 2017
The good thing is that it is finally getting some attention with this dip and it is seeing some volume...but it needs some more up and down action to stretch the upper bollie...the last 6 candles broke the upper bollie and became overbought and hit the upper Keltner resistance and retraced...as the 50ma keeps dropping it will soon break / hold the 50ma and then make a move towards the 01 range as the 3ma...8ma...20ma...all start to cross the 50ma to the upside...
Major reversal signal will be for the 50ma to start curling North and this will take some time unless we get some major volume on some major news...but if we get that catalyst with some follow up then we see the 100ma very quickly...
