Bearish Case For Pandora

2014년 12월 7일

With a YTD loss of about 31% P is definitely a candidate for Tax Loss Selling. RSI as we've seen in the past could reach at about 30's before reversing. Macd just had a bullish crossover without price action getting bullish. Lower level of Bollinger bands still didn't completely touch the price action. 52weeks low looks like a certainty where it could form a double bottom else next support could be in mid 14's.