PBR Stock Chart
By Brett Goldstein on Jan 06, 2008
PBR has been on fire lately. I was a buyer on Friday and and will buy some more once the trendline gets hit. I like this stock and so do alot of other people.
UPDATE : SIGM……Closed above $50. I am still in this stock holding a loss but will double down at this level on Monday if opportunity presents itself.
11 Responses to “PBR Stock Chart”
Anyone else see that the S&P broke a 5-year upward trend channel today (it has never closed below the channel – always bouncing off). Bought some QID calls both at 46 and 49. I can’t post a chart, but buying QID gives one great leverage. Any comments as to support for the S&P? I’m support in the 1370/1380 range. There is talk that the S&P may be “propped” up in time for the FED meeting in late Jan. (the possibilty) that the FED may induce a surprise cut may also be a factor.
When this stock comes into the line, it will surely shoot upward. Get ready to buy within a few days; says wizetrade.
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This stock went down and came right back up on the line. Wizetrade was right all along.
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