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Strategies & Market Trends : Ride the Tiger with CD
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To: LoneClone who wrote (232743)1/7/2014 11:09:37 AM
From: stuffbug  Read Replies (1) of 312968
 
LC,

Good summary of PDL.
Unfortunately, after the washouts, PDL has often looked like a potential 5 or 10 bagger.
But the only 5 bagger occurred after the 2008 - 09 devastation.
Usually, investors were lucky to get a 2 or 3 bagger from the capitulation low.

Very heavy resistance in the 1.15 - 1.30 area on the weekly chart.
Good news is that the down trend on the weekly chart just reversed two weeks ago.
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