PDG Realty bounces 3.2%, decline loses steam
PDG Realty bounces 3.2% off a double bottom: the decline starts to lose steam
PDG Realty bounces 3.2%, decline loses steam
Our view last week
PDG Realty shed another 4.5% this week, the third loss of that size in a month, with the weekly RSI stuck at extreme oversold (19.8) without any real bounce. Compared with last week, buyers showed up in greater numbers — 33% of trading versus 8% — but money flow stays negative and distribution continues: the Sell signal, under management for nine weeks, keeps the short above 19% in profit.
This week's summary
PDG Realty's clean double bottom in the 1.2 area holds: after three weeks of 4-5% losses, the stock bounced 3.2%, the third show of buyer strength in as many weeks - up from 8% of trading two weeks ago to 36% today. The weekly RSI stays pinned at extreme oversold, 19.9, and money flow is still negative but lighter than before. The Sell signal, under management for 10 weeks, keeps the short above 16% in profit.
Ongoing decline
·11th week from start
·Rest of the World stocks
·T2
·📅 Earnings · Aug 14 (est.)
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IQS Phase
71
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#16 / 16
Rest of the World stocks
Trade P&L %
+16.67%
from signal to today
restricted Platinum content