I cannot believe it, this one really defies gravity. Currently it is still travelling in an up channel bouncing off the trend line of $1.03. Even in a down market, this one has a habit of moving against the trend.The short term traders, get out once they see things are not right, whilst fund managers work on a longer date line ie over 3 years.It look like this one will turn again next week. They say, if we can't beat then, join them. I am tempted into getting in this one again, if it is still in the channel by the end of the week. PBG has been kind to me, so I am most likely to jump back in.
PBG Price at posting:
$1.07 Sentiment: ST Buy Disclosure: Held