We've been waiting for $PEIX to breakout for a while now. Been patient. Now, it has gapped up two days in a row. Stocks that gap up, tend to gap up again in a short period of time, and have big runs. I don't have a price target because this may go on for a while. But we will also keep an eye when it reverses, as it will want to fill those gaps. This is when a...
Pacific Ethanol doing a reversal up with COVID spike and Ethanol Futures change. Awaiting this going to target $10-11 on short term with another positive earnings and 3rd plant running more to market need. Announcement also selling into more profitable libations market of low calorie seltzers and other consumer driven markets of STAY AT HOME during COVID-19.
Pacific Ethanol engages in the production and marketing of carbon renewable fuel.
It operates through the Ethanol Production, and Marketing and Distribution business segments.
Analyst Ratings:
9/29/2020 Craig Hallum Boost Price Target $9.00 ➝ $13.00
9/22/2020 BWS Financial Initiated Coverage Buy $20.50
Despite the small insider sells, Peix saw more...
Can $PEIX make it to $11 🤔?
i am thinking yes it can. Its been a runner, so i feel like this is a pullback area. I am in for the ride up.
time will tell. happy trading
This stock is clearly in a strong up trend. The trade here is simple. Volume is generally greater when the stock is going up versus when the stock is going down. Here's an example: Look at the previous 3 red days. Compare the volume of those 3 days to the volume of the few green days before that. This suggests that the sell off is most likely short-term profit...
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PEIX advanced for three days, in 190 of 230 cases, the price rose further within the following month. The odds of a continued upward trend are 83%. Current price $7.91 is above $4.58 the highest resistance line...
