Thread: Pktx
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Old 12-16-2009, 06:21 AM
mickymoose99 mickymoose99 is online now
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Default Pktx

PKTX
volume spike on a big up day on Friday followed by low volume and a very small down day on Monday would lead me to believe there was some profit taking, The big gap down yesterday on another light volume day,imo, means that investors are waiting for it to break $0.10 to the upside to get back in. Closing on the highs yesterday could cause the gap to close this morning since any sell pressure yesterday failed at an apparent $0.08 support level. Once the resistance level of $0.10 is broken it should become a new support level
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