Thursday, October 25, 2012

There was interest in PW Root as indicated by the fairly large volume shown in the chart. Unfortunately, the tock moved down. This is not a good sign.

At the close, there were  24,819 lots traded. Support is likely to come in at 95 sen. If that level is decisively breached, the stock is likely to trend lower.

The quarterly report for the period ended Aug 31, 2012 may be announced today or tomorrow. The corresponding period for last year was announced on Oct 25,  2012.

As usual, you trade at your own risk.