Parkway price seems to trade on new "price box" now. It has broken the ascending triangle with a close above the triangle. This stock is a medium active stock. Average daily transaction is 3000 lots for the last 14 days. Latest price surge on July 1st 2009.
Entered: 1.66
Date: 2009-06-30
Price on 2009-07-01: 1.73
Support line: 1.68, 1.65, 1.50.
Original stop: 1.50, new stop: 1.64
Key factors to watch:
1. Stochastic over bought.
2. Potential wipsaw.
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