PESI: Perma-Fix Environmental Services, Inc 2022-07-11 08:30:00 Perma-Fix Among Three Suppliers Awarded Four-Year Framework Contract Worth up to £41 Million for the Treatment and Conditioning of Radioactive Waste in the UK
This is a very low trading volume stock. Many people do not like stocks like this. But they sometimes explode in case of any significant catalyst. Chart formation is in place, time to make money. Be patient and do not use stops, MM's will pick it up. It is easy for them to do it in low volume environment. Good luck!
Besides what I view as very similar price action, PESI found support over the last few weeks right at the $5.80 level. Looking back 6 years, the $5.8-5.6 area was tested 3x as resistance and has just been turned to support. -A close below the rising trendline support around $5.85 would violate my thesis for $PESI following the $MU path. -$MU gained 60% from the...
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,...