Thursday, November 8, 2007

PERC - clear downtrend

PERC = 10.5 (-4.5%)

PERC again made a black candle with lower high and lower low. Continuation of clear downtrend.

PERC earlier closed previous gap up that was supposedly a support level. Bad news

PERC approaching 32 MA which might be a level of support for PERC. Could PERC bounce from that level? I hope so...

Good luck to all PER traders!
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