PG&E: week 11 of decline, double bottom forming

PG&E is in week 11 of a sell signal, with a +1.28% gain from the open. The technical picture has turned mixed: the week closed with a modest decline, but the daily double bottom in the 16 area with an 11% intermediate rebound is the pattern to watch most closely. The quality band signals trading not recommended: investors not already positioned do not find a favorable entry point here.