Stock Chart Analysis PCR

Posted by downtowntrader | 5/22/2007 09:02:00 PM | 0 comments »

Stock Chart Analysis PCR

Perini Corporation (Public, NYSE:PCR)

PCR has been consolidating very tightly after a nice gap higher. The nine day moving average has caught up to price and PCR may break out of this range here. While it probably needs more consolidation before a sustained move, these tight consolidations after a gap can provide very powerful one to three day moves.

Good Trading,


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