Pbi has support at 28c and resistance at 30c at present, and then around 32.5c level. Chart wise it looks as if pbi will test the 28c support level before advancing northwards again, after failing to push through the 30c barrier for the second time in the last couple of weeks. Would prefer the tree to be shaken now, so when further announcements hit the market, the stock and share price can move forward. I think that there are some big short term gains to be made with this stock, and long term the potential is huge.
Noggie Read disclaimer below.
PBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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