Profitable Developments, Inc. (PRDL)

[abbytraderwin]

READ LINKED POSTI don't know why so many of the negative posters here are whining today. The stock did what is quite normal for 90% of stocks that take out the PSAR above the daily candlestick and have a near 100% gain the same day!!!!!!

THE KEY THING THAT HAPPENED YESTERDAY WAS THE PSAR BEING TAKEN OUT ABOVE THE DAILY CANDLE. IF YOU DON'T KNOW WHAT THAT MEANS, VISIT STOCKCHARTS.COM AND READ UP ON THE INDICATORS, PSAR IN PARTICULAR.

So you had a 26% retreat and consolidation today on 1/3 of the volume of the day before. Does that sound like folks taking a profit and setting up to reload and ride free shares upward?

THE CHARTS ARE STILL VERY GOOD FOR STHG AFTER TODAY. YOU JUST NEED A GREEN DAY TOMORROW WITH A CLOSE ABOVE THE 2DMA(CURRENTLY .0013) AND THE 20DMA(.0012). THAT IS ONLY ONE OR TWO TICKS UP FROM TODAY'S CLOSE.

Chart readers know this.

Now look at the following:

2/3/4dma crossover

2/5/10dma crossover

5/10/20dma crossover

KEY BREAKOUT POINTS FOR TOMORROW:

.0012 20DMA
.0013 2DMA AND EMA20
.0016 EMA30
.0021 50DMA

.0011 5DMA WEEKLY CHART
.0019 10DMA WEEKLY CHART
.0037 20DMA WEEKLY CHART

WHEN .0019 GOES DOWN YOU WILL HAVE CONFIRMATION AND A VERY NICE GAIN FOR THE DAY AND BE SETUP PERFECTLY FOR THE END OF THE WEEK.

I'll be watching the charts daily on STHG.

LOAD AND GO!!!!

Good trading to you....