PNTV Parabola
By Johns Wu on Jul 19, 2005
Recently, PNTV has seen massive gains. From the data, it seems this stock is due for an imminent pullback. All the signs are there. The stock price has been increasing in a parabolic formation. The stock is being traded at its highest volume ever and it has recently formed the final step in the 4 steps leading to the formation of a unsustainable parabolic growth curve.
I’m not sure really what to make of this data, just that holders of this stock should keep a very close eye on it. There’s a good chance you could make a quick dollar by buying in during a gap down and getting out before the close. Albeit, this is also very risky. Interpret the data as you wish. Good luck and happy trading!
This entry was posted on Tuesday, July 19th, 2005 at 11:25 pm and is filed under Stock Charts.
You can leave a response, or trackback from your own site.
One Response to “PNTV Parabola”
Leave a Comment
Recent Blog Posts
- WMT (Walmart) Stock Chart
- Facebook IPO Prices at 100x PE
- UPL (Ultra Petroleum) Stock Chart
- MT (ArcelorMittal) Stock Chart
- SPLS (Staples INC) Stock Chart
- KBX (Kimber Resources) Stock Chart
- WU (Western Union) Stock Chart
- GM (General Motors) Stock Chart
- CVV (CVD Equipment Corporation) Stock Chart
- GDOT (Green Dot) Stock Chart
- NOK (Nokia) Stock Chart
- Contact form 1
- Request A Stock Chart
- PETM (PETsMART) Stock Chart
- Request A Stock Chart
- SBUX ( Starbucks) Stock Chart
- TRMB (Trimble Navigation) Stock Chart
- ADES (ADA-ES) Stock Chart
- CLMT (Calumet Product Partners) Stock Chart
- PCYC (Pharmacyclics) Stock Chart
- RGR (Sturm Ruer) Stock Chart
- MAKO (Mako Surgical Corp) Stock Chart
- RCL (Royal Caribbean) Stock Chart
- GDOT (Green Dot Corp) Stock Chart
- NUE (Nucor Corp) Stock Chart
- RGR (Sturm Ruger) Stock Chart Update
- Cree (Cree) Stock Chart
- RGR (Strum Ruger) Stock Chart
- Mako (MAKO Surgical Corp) Stock Chart
- Mako (MAKO Surgical Corp) Stock Chart
Subscribe
   |
 |
You have to look at it in log-based prices and if you see a parabolic shape, then that is unsustainable. The parabolic shape you see is linear in log-priced form. Meaning, if a stock goes up 5% a day every day, it will seem parabolic if the price axis is not in log scale. However the price movement is linear under the log scale. Look at HANS, no problem going from $3 to $100. But who knows? Maybe I’m wrong.