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bsdvs23

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bsdvs23

Re: domstpierre post# 59

Saturday, 05/03/2014 12:32:59 AM

Saturday, May 03, 2014 12:32:59 AM

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Hey Dom! I played this all week. To be honest I am not fond of the upper tails on today and yesterday's trading action... The PPS is overextended above the upper BB and I don't believe this will be sustainable without some pullback and consolidation... Going into the last hour of trading today the volume died off... could be a warning sign of things to come...

I'd caution folks to wait on a bottom test of support, considering the above... Those are my thoughts on the chart - hope that helps...

Personally I'm never a fan when PPS is overextended beyond the upper BBs.

B!

My postings are of my own opinion and not investing advise. Conduct your own due diligence and/or comprehensive research before investing. .

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