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Sunday, July 15, 2007

In Retrospect: PLTL, PAX, PA

PLTL

PLTL was very much affected by the drop in the market. The stock went back in the triangle to as low as 6.90 before being able to regain its previous high of 7.30. At this point, price may either move sideways or up to 7.50-7.70. This is still a buy.

PAX

The price movement was not as fast as I thought it would be. Price was able to move to as low as 22.50 before closing to 23.75 for the week. The target is still 25 and there is still no signs of reversal.

PA

This stock sky rocketed its way from 0.05 to as high as 0.17 within a week. Expect selling to be heavy this week. Possibility of RSI to move down near 70 before moving up again.

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