PEIX shares jump 3% after upgrade
Shares of Pacific Ethanol "PEIX" rose today more than 3% to 15.32$ after Banc of America upgraded stock from Sell to Neutral, lifting his target price to $14 from $13. This movement did not convince me due to the fact that the volume was weak for an upgrade, however the technical chart are showing some improvement by the indicators MACD and RSI, but I'm still cautions.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
Labels: PEIX
