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With all due respect I disagree. If PBH was in a longer term up...

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    With all due respect I disagree. If PBH was in a longer term up trend I might agree with you that the Sto being low suggesting oversold then sure this might just be a pull back with an impending rally. But, the big issue you need to factor in is PBH has been in a long term trend to the downside (for almost two years). Suggesting PBH will rally because Sto is showing oversold is not correct especially when you factor in the longer term downward trend.

    You want a reference--take a look at the Sto for A2M from around Aug 2020 through to about June of this year. Plenty more examples if you want them.


 
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