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PEIX
Mar 5, 2010 0:53:55 GMT -5
Post by kbk3ck on Mar 5, 2010 0:53:55 GMT -5
Whoelse thinks its ready for a ride to the moon? Maybe it gets down to $1.88 and back to$2.30? I dont know what this emoticon means but I like it.
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PEIX
Mar 8, 2010 20:24:37 GMT -5
Post by torrentio1 on Mar 8, 2010 20:24:37 GMT -5
Who else thinks its ready for a ride to the moon? PEIX Short Term Hourly ChartMaybe... She gets very close here -OBV holding steady and decreasing volume suggest consolidation -she needs to retake the 20 Day SMA... The pattern will either play out soon or fail with a redraw necessary...
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PEIX
Mar 8, 2010 20:32:14 GMT -5
Post by sorry4mypastlife on Mar 8, 2010 20:32:14 GMT -5
I like it. 1.88 and love it at 1.77
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PEIX
Mar 8, 2010 21:03:58 GMT -5
Post by kbk3ck on Mar 8, 2010 21:03:58 GMT -5
.75 and .35 could be in the cards too ya know. LOL ;D
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PEIX
Mar 10, 2010 18:54:33 GMT -5
Post by torrentio1 on Mar 10, 2010 18:54:33 GMT -5
I did a minor redraw on the chart. It looks like PEIX is now at a critical point -we will see tommorow if she holds the pattern by convincingly holding and or bouncing up off the 50 Day SMA & the pivot level or not...
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PEIX
Mar 10, 2010 19:20:28 GMT -5
Post by sorry4mypastlife on Mar 10, 2010 19:20:28 GMT -5
Keep us posted. I got in and I am down a few pennies.
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PEIX
Mar 11, 2010 15:25:38 GMT -5
Post by torrentio1 on Mar 11, 2010 15:25:38 GMT -5
-so far so good... Held with a little increase in volume -next we need to see the confluence of resistance just above comprised of the 2.00ish level pivot and the 20 Day SMA taken out...
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PEIX
Mar 16, 2010 15:51:45 GMT -5
Post by torrentio1 on Mar 16, 2010 15:51:45 GMT -5
teasing still...
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PEIX
Mar 23, 2010 18:44:06 GMT -5
Post by torrentio1 on Mar 23, 2010 18:44:06 GMT -5
Add the PEIX daily LT Chart for some perspective. I may add other charts. Anyway, no change -PEIX continues to tease and consolidate. In my opinion, a successful breakout from this pattern formation would yield an estimated target at the 4.00ish level...
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PEIX
Mar 26, 2010 19:23:13 GMT -5
Post by torrentio1 on Mar 26, 2010 19:23:13 GMT -5
Updated charts -technically, after hours we saw an unconfirmed breakdown out of the pattern.
IF you know me you know I do not put much weight into AH action as far as being a bias change determinant until such price action is confirmed during a daily session -there are exceptions to this self imposed rule e.g. heavy volume and an attributable event...
Anyway, we will see what is what Monday...
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PEIX
Mar 29, 2010 16:09:34 GMT -5
Post by torrentio1 on Mar 29, 2010 16:09:34 GMT -5
I would say the breakdown is confirmed with volume...
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