PLTL (Chart: Daily Resistance: 7.30/7.50/7.70/7.90 Support: 7.10/6.90)
PLTL had a break out Wednesday last week. Target price is 8.60. High resistance might be encountered near 7.70-7.90 as that was the highest price when the Feb sell down happened. With the very good breakout volume, this is already a buy at 7.30.
PAX ( Chart: Daily Resistance: 24.75/25 Support: 23)PAX is on the watch list just because the RSI has passed below 30. A bounce from the downward move is imminent due to RSI. There is still no clear reversal from its current downward move, so you must get in and get out immediately. Get in at 23 and sell at 25 for a fast 7% net profit. But you have to be fast for this play. Expect resistance at around 24.75.
PA ( Chart: Daily Resistance: 0.055/0.06 Support: 0.044/0.033)PA had a remarkable move up with very high volume. This is currently a buy. There is a possibility that this stock may still form a pennant or flag, so buying the dips is also recommended as long as the MACD does not move below signal line. Resistance is expected at 0.06. Looking at the weekly chart (see chart below), this stock seems to be forming a rounding bottom or a cup and handle. Confirmation of this would be if there is high volume when 0.60 is reached.
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