the 200 DMA is showing support and the line is rising now which should in my opinion serve as an indication of the longer term direction of the PPS.
I think you're wise to look for an entry closer to the 200DMA. If it takes off and doesn't fully retrace a 5th time...oh well. There are plenty of other stocks in the market.
BTW...to post an image type [chart ] and [/ chart] without spaces around the address of the chart. You get the address by right clicking on the chart and selecting "properties". Cut and paste the address in but "LEAVE OFF" the http://
Next week should be interesting.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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