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Monday, October 09, 2006 

Stock of the day : PEIX

Chart courtesy of www.stockcharts.com ( click to enlarge )

Shares of Pacific Ethanol Inc. surged 10% to 13.87$ per share after the company on Monday said that it will start production at its first ethanol production facility at Madera, California on Oct. 17. The technical daily chart indicates a potential up movement for stock, MACD fast line it's near to cross the MACD slow line, also this movement was followed by a big volume, which suggest a continuation of this movement.
Keep this stock in your wacth list.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a nice evening.

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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