Doug; the "P's are prime. I'd like to say they are all good, and of course they are, or the scans wouldn't have picked them up.
PRTL - 17 9/16, 2nd day of inceasing vol, off a base of 15, all indicators up, has not pasted yet. Looks like it is aspiring to be a mim.Bid of 18 1/4 c vol could be bigtime.
Upgraded to strong buy May13 by Morgan Stanley
PEGA - 6 17/32,3rd day of increasing vol, bo off a base of 4 1/2,
%k looks like it has a good chance to return to 80 from here. Macd recently crossed positive. Sauced from bdog's scan, and also on Wart's. Huge volume Friday - 164% downside earnings surprise, offset by pact with AOL, gave us an up. I guess 17 million subscribers can't be wrong.
PATI - 2 23/32, 3rd day of increasing volume,bo off long term base of 2 1/2. Came off HTF(3/15) to ascending triangle. Macd + just happened, %k at highest value since a high of 3. Looks like it could go thru 3 quickly and meet some resistance at 3 7/16.
PETD - 4 15/32, 3rd day of increasing vol. Bid of 4 1/2 c vol
could force bo.
PBY - 18 3/4 could be in the process of setting up mim. Resistance at 20. Very favorable earnings report on May 13, corresponding huge volume on Friday, should see continuation.
PARA - 2 7/8, bo from 1 1/2 base, 3rd day of increasing vol, 2nd day pasted, could have one more day of continuation before possible trick formation.
PCO,PSMT - too thinly traded.
PRRC, PERF, PREN worth watching for trick action( PREN has been pasted for 6 days)
I think all politicians should be forced to type out their speeches with two fingers. Might cut down the air time considerably.
Respectfully submitted Allan
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