PEIX

[TheChartGuru]

Possible BB squeeze breakout.

http://tinyurl.com/6rs3jj

The Guru

[mlegha1]

They report on Monday so be a little careful just a heads up.

[Riddicks]

I have been following them since this stock was close to $6, a friend of mine had bought it at that. I asked at that point, how low can it go, and it seemed like at one point it might just go to 0, can't imagine what my friend went through but he is happy on the recent run up and he is looking to get out, even if it hits $3.

I don't know what to expect from them, but technically, it is ready for a run up but the report on Monday won't help.

[Supreona]

Be cautious ahead of the earnings report. I'm kinda on the fence about this one, but I would say that TCG recommending it right before earnings may be a good thing. At least we know TECHNICALLY its where it needs to be. Either way its a little cheap for my tastes. Good luck to those who are in.

[wallstreetsedge]

i would probably stay long it for the day and short it before earnings announcements.

what i think is that the entire energy sector rallies next week and peix rides the run up and dies out from earnings.

i'd say it drops to 2, 1.5, then .92

[Bama Nation]

Guru

This still looks like a BB Breakout at 2.05. It crossed the 50 Day SMA for a short time today but pulled back. Does the Chart still look good to you?

[Bama Nation]

Watch this one tomorrow! It looks like a Cup and Handle formation to me but I am very new to this chart reading stuff. What do you see Guru? Thank you all for your insight and advice on Chart Reading and your advice on Stocks in general.
Roll Tide
Scott

[wallstreetsedge]

it didnt manage to breakout and looks neutral, imo it goes back to 2

[TheChartGuru]

Guru

This still looks like a BB Breakout at 2.05. It crossed the 50 Day SMA for a short time today but pulled back. Does the Chart still look good to you?

Still looks good above the MA(50). Set a stop loss at $1.99 just in case.

The Guru