$PESI Trying But Can It Put In A True New Level Of Support?

Volume has been up ticking, price is on the rise, but it looks like PESI is around an area of resistance that it has seen twice in the last 21 months. Wondering if it can firmly lift and establish new support above this level.

"Back on September 24, the company announced that it had reached an agreement to work on nuclear service projects. More importantly, those projects could help this penny stock earn as much as $15 million over the course of the next 18 months. The development resulted in a significant rally in PESI stock. Over the last two weeks, the stock has gained as much as 30% as investors piled into it."*

About PESI

Perma-Fix Environmental Services Inc is a provider of both nuclear services and the management of nuclear and mixed waste. The company operates through three segments: Treatment segment offers nuclear, low-level radioactive, Mixed, hazardous and non-hazardous waste treatment, processing and disposal services. Service segment provides on-site waste management services to commercial and government customers, technical services and nuclear services The Medical segment is involved in the research and development of medical isotope production technology.

SOURCE: Are Penny Stocks Worth It? 3 Up Big In October