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Re: otcbargains post# 144

Friday, 02/16/2018 1:34:02 PM

Friday, February 16, 2018 1:34:02 PM

Post# of 202
Fwiw, the chart shows the Parabolic-SAR switched back to "buy" a few days ago, the MACD is gently inclining back up. Some mild resistance seems to be there at just a fraction above the 1.01, where the 50dma and 20dma currently converge.

What's fascinating to me when looking at the daily chart is how since at least Sept. PERI has been made (on low volume, but still probably algo-driven or just some manipulative traders) to gently swing up and down, up and down, through the upper and lower channels defined by the Bollinger bands.

Looks like it's time for a gentle swing back up to the upper band. smile ... and hopefully earnings report in a month will take it up well above that to a return to bullishness for 2018!


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