PARL

[lifelongtrading]

Hey Everyone, this is my first post on this website!!!

I am new to stock market and dont have nearly as much knowledge of it as many of you guys do. Therefore I would like to take your opinion on PARL and what should I do.

I am in on this stock at $11.00 and it is currently trading at 10.47. The fundementals of the company do look solid.

Any kind of help will be greatly appreciated.

Thanks.[/b]

[grasshopper]

I probably know less than you, however, from what I understand - the stock "should" go to around $16.00.. I got it at $11.08 and will hold to at least $15.00 and then sell for a profit.(at least thats what I am hoping for).
Glenn

[spikefader]

...opinion on PARL and what should I do. Any kind of help will be greatly appreciated. Thanks.
Hi. My regression channel system has PARL long from a lower channel line touch at low of day 10.48 on Thursday 8 April 04. See the chart:
http://img47.photobucket.com/albums/v145/spikefader/Trading/PARL_Long.jpg assuming the stock beats the highs in early March, my projection target using technical projection is 20.40. A good technical stop loss would be 8.50, but that's over 20% loss from 11.00, so maybe you should tighten that up. But if your target is 20ish, then R/R is still pretty good even with 20% stop :mrgreen: