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Just looking for feedback on PDGM. Seems oversold at it's current level here....most of the selling seems to have settled...any thoughts? Thanks in advance for your feedback
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PDGM has formed a bullish engulfing pattern today and really seems poised to climb into the mid $1.70's before it hits any resistance. It could continue to climb here in the short term....excellent swing trade IMO.
I had thought of selling at 1.64 but may revise this upward from your comments.
The bin Laden rally is due, maybe soon, and could present good selling opportunities. Friday PM is a good stock-buy time if the jobs report is not good and if bin Laden has not yet been captured by then.