PCOR, Stock Analysis 
No Comments PCOR. Looks like the Shooting Star and Hanging Man we saw few days ago (Be careful) were an unstoppable foe for the bulls. After the two candles, the trend reverses and now it is going down. But this should be a good sign for us to start accumulating soon. Let us watch the succeeding candlesticks [...]
PCOR No Comments Interesting candlesticks for PCOR. Last Friday it looked like a Shooting Star then today we are seeing a Hanging Man. Both candlesticks are considered bearish (after confirmation) if they are found at the top of the uptrend. Just take extra caution on this. RSI or the Relative Strength Index is already above 70. An asset [...]
PCOR, Stock Analysis No Comments PCOR went down following the Engulfing Pattern we saw last August 24 (The Engulfing pattern on PCOR). Last Thursday we saw a surge in price but not supported by good volume. Then the following day we saw a Long Legged Doji. Doji usually means indecision among bulls and bears. Large green candlestick followed by a [...]
PCOR, Stock Analysis 2 Comments Looks like the engulfing pattern created last week has signaled PCOR (PETRON CORPORATION) holders to watch out for the fall. Today’s candlestick is not an indicator of reversal after last week so I think this will continue to dip or go sideways. If in case there is a rally, sell on strength. But it depends [...]