Wednesday, December 12, 2012

2013 Candidate # 4: Pan Utd

The fundamentals:

Recently, a brokerage recommended this stock for its good fundamentals. Although I couldn't agree less, is this stock still a good buy? Let us look at its technicals.


The technicals:


This is what I call, the "developed beautiful chart", red line (50d MA), above blue (150d MA) above green (200d MA). What a nice uptrend!

But should we buy? Too late to the party.

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