PBG 0.00% $1.15 pacific brands limited

about today, page-17

  1. 1,612 Posts.
    I'm just reading the chart and looking at the short selling position and it will be very interesting to see what the short sold position is after todays trading. From 14th - 15th it doubled in size. The RSI is in an oversold position and the big volume spike on the high was something I look for to see educated sellers selling to uneducated buyers.

    Volume has also dropped back since then.

    Solly Lew also likes a bargain remember.

    I think it will go a little lower but to 40c - no. Maybe 63 - 65 IMHO
 
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