Nov 13, 2012 - PHES, Stock Analysis    1 Comment

PHES back at base

Is PHES going to be back on its usual area of consolidation? We have seen PHES went off from its rectangle area but yesterday and today, it managed to stay inside. Now that it is in its usual consolidation area between 23.6% and 38.2% Fibonacci retracement level, will it stop the rally? Or it will break the resistance this time? Its a long way to go for PHES and let us see if it will still have the legs to run when it touch the resistance.

Caveat!

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