PARL
Further to THIS BEARISH POST on July 16 (highlighting very bearish band action) one can see that what has followed is continued bearishness and the gap down in August. That action is a futher display of bearishness, with price once again closing below the lower band. Short positions from that $8.00 area at the time of post have been rewarded +37.5%. And I refer you back to one of the earliest charts I drew up for PARL, CLICK HERE, back before it split and had just failed a fuzzy C area. That was a perfect shorting opportunity that has paid wonderfully.
