PARL - This is just goofy

[Websman]

It's a freebie. They brought back the pretty-colored ones they took away from non-subscribers a few years ago.

And...I just bought a years subscription???

[New-born baby]

2 yr weekly

Here's a two year weekly of PARL with a few notations:
1. A twenty month uptrend has been busted. See the bust?
2. PARL had significant support around $32.50, but that went bust, and now is resistance. Last week's action, on lower volume, ran the price right up against that resistance's lower edge. Look at the price by volume sticks. HUGE. Tuesday is going to be an interesting day for PARL. I am looking short on it--if you could find the shares.
3. The ten day just dropped below the 50 day. That's not bullish.
4. If you looked at the daily, you'd see that Friday's upmove was on low volume. [chart below the weekly]. It is gapping up--and Friday's candle was black--it seems that PARL moves South on Tuesday.
Strenz--a good trader, in my book--loves this stock. My charts don't love this stock long.

[Websman]

The VTP indicators are not good for a long position just yet. Still stalking...

[Rob]

Stockcharts.com

And...I just bought a years subscription???

What can I tell you, Webs? I'm sure you get some bennies with a subscription.

[skiracer]

And...I just bought a years subscription???

Webs, You get a whole lot more with the paid subscription. Have you played around with the scans yet, or the PnF charts plus a whole lot more.

[billyjoe]

stenz,
Thanks for the link.
billyjoe

[Websman]

Webs, You get a whole lot more with the paid subscription. Have you played around with the scans yet, or the PnF charts plus a whole lot more.

I like the PNF charts. Haven't tried the scans yet.

[IIC]

I like the PNF charts. Haven't tried the scans yet.

Thanks for not putting in my name as a referral so I would get another free month...I have Stockcharts Extra RealTime...I don't use the R/T as much as I would if I was f/t...But it is well worth the $$$

I really don't like the fact that I have to click so much...But I don't like a lotta things about DGO which costs a lot more...Guess we can't have it all...Doug(IIC)

[stenzrob]

Sold some of my PARL last Friday for $27.84, had bought it at $26.50 on May 9 when it sold off (?!) after preannouncing record earnings. 5%, two weeks. Still holding some for the long term for the eventual squeeze, but trading this chunk in the meantime.

I want to thank you guys for the annotated charts. It seems to be having some difficulty getting back up above the 50 day, so I'll just look for another opportunity to buy on a dip.

[Rob]

Hammer Time

PARL got hammered hard at the open ... attempting to recover.

[stenzrob]

PARL got hammered hard at the open ... attempting to recover.

Downgraded by wedbush morgan from strong buy to hold based on "lack of visibility" of non-core business. Target adjusted from $43 to $27. Wedbush upgraded it to strong buy about a month ago and it's done nothing but head south ever since.

[New-born baby]

Downgraded by wedbush morgan from strong buy to hold based on "lack of visibility" of non-core business. Target adjusted from $43 to $27. Wedbush upgraded it to strong buy about a month ago and it's done nothing but head south ever since.

I hope you got out of the way. I have been dissin' PARL for about two months now, and today removed all doubt about it:$19 or lower is coming.

[Lyehopper]

You are HUUUUGE!!!! NBB!

.....I have been dissin' PARL for about two months now, and today removed all doubt about it:$19 or lower is coming.

YES YOU HAVE!!!!!..... And I'll be the first to say....

YOU-Da-Man!!! NBB!!!! You are HUUUUGE!!!!

[New-born baby]

YES YOU HAVE!!!!!..... And I'll be the first to say....

YOU-Da-Man!!! NBB!!!! You are HUUUUGE!!!!

Thanks, Lye, but I'm not huge. I didn't post to say "I told you so." I was posting because I know I rubbed some folks the wrong way being too insistant upon PARL's demise. Most of the time I should make my point and back off

And another thing--today's $3 fall means that PARL is going lower than $19. It could bottom at $17. PARL lovers: Just be very careful.

Your new Avatar--now that's huge!

[Lyehopper]

Thanks, Lye, but I'm not huge.

You misunderstood, I didn't say "huge".... I said HUUUUGE!!!! There's a difference.jejeje