Monday, May 19, 2014

Puregold Price Club, Inc. (PGOLD) - May 19, 2014

Technical View
Daily Chart
> Last May 13, 2014, PGOLD completed the Bearish Alt Bat Harmonic Pattern. The PRZ coincides also with the Median Line of Andrew's Pitchfork.



Weekly Chart
> Looks like the 50% Fibonacci Retracement (42.25) is supporting the downside. Further support is seen at
50MA (41.44) and Hagopian Line  of Andrew's Pitchfork.

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 52.59.
> Support is at 50.

 #Caveat
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