Wednesday, March 31, 2010
PRICOL
March 31, 2010: Stock is still strong and is getting ready for the next move up. ABC up move will take it to 36 over a 2-3 month period. Has established nice support in the 20-23 range.
PRICOL ranked first in the most recent Stocks Relative Price Performance(SRPP) rankings. See recent ET article, Punters make a dash for Pricol for auto part play. While auto stocks have done well post-budget, PRICOL is in consolidation mode. The weekly charts indicates that the stock is clawing back, having doubled its price in the last 3 months. Do you own this stock? Is this a turnaround story? What do you think?
Here is the weekly chart.
by Admin at Wednesday, March 31, 2010 |
0 Comments:
Post a Comment
<< Home