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Thursday, August 09, 2018 11:45:50 AM
All this month the sector has had up days except for 1 day. It's bee opposite ( mostly down days with few exceptions) all year until now. This either means the sector has bottomed out and we are in for some serious buying in all stocks from now on, or it's a slight correction before continued summer downtrend, either way it's a positive sign when buying is finally starting to return.
@PRU has come down from it's high very fast. Should be upward to .02 from .01, highly doubtful we hit new lows, therefore large upside potential with minimal risk here, and the sector buying volume will help this stock.
Also it's such low volume today compared to previous days that we can see some serious volatility or just buying at any time.
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