Replies to post #1020 on Phoenix Associates Land Syndicate (fka PBLSQ)

[PowerPole]

IF PBLS comes out with a PR tomorrow, this one is coiled up like a spring, and ready for Wave Two UP...The big selling has subsided the last few days, and the MM's hopefully have settled their shares out after the last big run, and will let it Fly this time...The upper Bollinger Band on the daily chart is just above .08 so it has room to move...Watch for the RSI to break above 55+ for a breakout to the upside, that's where I will be adding to my position...The DMI+ and MACD need to uptick here...and the Stochastics are VERY Oversold...The diminishing volume lately is OK, as that's what usually happens at the end of a flag/pennant chart pattern which it has formed in the last 10-11 days...Watch for increasing volume, because that will be THE KEY to making this one move tomorrow...
Of course, if no new news comes out tomorrow, this one's going to keep on snoozing...ZZZzzzzzzzzz...