Tuesday, April 16, 2013

Stock Talk - PCBW Chart

PCBW TECH INDICATORS ON 4-16-2013

PCBW has a very intriguing chart. It might not be time to accumulate this as of yet, but it looks like it's getting close. This could be a great one to ride for short runs. The volatility is what catches my eyes right now.

Accumulation was going on, but it looks like it is in the midst of a dump phase at the moment. However, the MACD is trending upward. Stochastic is showing a temporary slide, but is still overall very positive looking. OBV confirms a bit of dumping but shows that a loadup took place within a few months. Something is definitely going to happen with this stock in the near future. Not sure when or how hard it will be, but it will probably continue a rapid rise/fall period.

I'll be looking for a flag formation on this, and for the Bollinger Bands to tighten back up. If another accumulation occurs, it could indicate a positive breakout.

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