PVHO WEEKLY CHART: One of the best times to be in PVHO in 3 years (If I do say so myself). MACD positive for the first time in two years. MFI still flowing in and has room to go. Golden Cross imminent on the daily chart. 50-Day MA resistance destroyed! RSI at its highest point in two-three years and still not overbought! Moving on nice volume as well. Any major news release will send this up up and away I reckon!
What we know: In 2012 Intel is in bed with PVHO (see: http://download.intel.com/newsroom/kits/nrf/2012/pdfs/RiteAid_Increasing-Cross-Selling-Digital-Signage.pdf) Scottrade shows 56 million outstanding shares: TIGHT SHARE STRUCTURE & LOW FLOATER. PVHO, per their social media lady, is waiting for their lawyers to okay any public information to be released! (as I understand it, check FB) MAJOR news on these rollouts and partners should be coming anytime!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.