PBG, is still in a bullish trading mode.After breaking out from it's resistance level and a closed range near 80c for about 45days, the share reached a significant number, the $1 mark. It has now retraced and retested the previous resistance level of 90c and is now the new support level. PBG bounce off it, the 90c level immediately and is now 50% above it again, AN INDICATION THAT THE SHARE IS STILL BULLISH.If PBG can stay above 95c for the next few days, it will test the $1 mark again before the end of the month. This is just a technical analysis and not a recommendation to buy, hold or to sell the stock, caveat emptor.
PBG Price at posting:
95.0¢ Sentiment: Hold Disclosure: Held
