BB's Stock Haven

[Mel7]

PLKC instant analyst below... (and just waiting for news)
Daily Opinion: HOLD/BUY
Tuesday's Bullish (up) bar with above average volume (113% of average) suggests a possible move higher on the next day. This day's price action formed a Bullish Key Reversal which suggests the stock will go higher in the short term.

Short-Term Opinion: HOLD
On a short-term technical basis, the trend is Neutral (sideways) and the stock is slightly above its 50-day moving average at 0.08 which also confirms its Neutral (sideways) trend. The stock is slightly oversold according to the Stochastic indicator (26.02).

Long Term Opinion: HOLD/BUY
On a long-term technical basis, the stock (PLKC) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 0.08 and 0.08. If the stock breaks down through support at 0.08 then it will probably continue lower to 0.08. The stock has resistance at 0.09 and at 0.14. If the stock breaks up through resistance at 0.09 then it will probably continue higher to 0.14. The 200-day moving average is at 0.04. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 0.08 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (28.78).