todays close 2nd march , page-15

2hotty

here is an updated chart with todays candle:

Looks like its right on the trend line.

The stochastic is in the oversold area. i have put a green line and a blue line pointing to the 2 support areas, and color coded at earlier times in the chart. (green top support, blue bottom support).

also looked at the number of down days....longest seem to be 4 to 5 down days. PDN currently has 4 down days in a row, and on a support line.

I can't answer if it well get above $1.80 tomorrow. if support holds and the stochastic turns up(out of the black area and into the white area) then price will rise.

if it drops below the top trendline then lower prices (obviously) and the stochastic might stay oversold like the blue example in the middle of the chart.

Hope the chart helps....