With a RSI of 33 PAGS is very oversold. After a big sell off the price bounced at 31.05 and has since rebounded nicely and the most recent candle closed above the weekly trend line. The MACD is also curling which is very bullish. I'd like to see the price close over the .23 fib level to confirm the reversal.
@javaman1376, thats why we use stops. If I was right all the time I wouldnt be doing this for free.
anothernic
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Been playing with it myself but haven't found a good news based reason for the pullback today, especially with IBOV/IBRA doing fine. Good luck with it!