Feb 12, 2013 - PXP, Stock Analysis    No Comments

Putting pressure on resistance level of PXP

PXP still having a hard time breaking the resistance at 38.2% Fibonacci Retracement level but as the days progresses, it seems that buyers are starting to gain strength because they are making higher lows. They keep putting pressure on that resistance level As a result, a breakout may happen soon.

Caveat!

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