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PLETHICO |
ktpillai
White Belt
Joined: 23 Nov 2007
Posts: 95
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Post: #1  Posted: Sun Aug 12, 2012 4:27 pm Post subject: PLETHICO |
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Attaching daily chart of PLETHICO.Views solicited from members
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30.04 KB |
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428 Time(s) |
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #2 Posted: Sun Aug 12, 2012 9:53 pm Post subject: |
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| Strong resistance at around 345-350. Will like to look only above that. Otherwise its a short (unfortunately PLETHICO is not in futures)
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #3 Posted: Mon Aug 13, 2012 9:05 am Post subject: |
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I have a feeling that correction is almost over for this stock.....tomorrow is the result day for the stock...so, one can take a decision after that event, I feel....Looking at the indicators, I have a feeling that the stock COULD consolidate for a few days before going up.....making new lows looks less probable at this point of time.......by the way, this is not a 2 or 3 days trading opportunity...if somebody wants to trade this, he/she might have to be patient, I feel.....355-360 is the immediate target.....a convincing break above that could push the stock to even 390 levels, I feel....anyway, let's wait and see... 
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