PEG made a Bearish Harami candle pattern yesterday but closed above the 8ema. It bounced off the 20sma and 50sma today and closed just above the 8ema.
So, holding the position for now.
BTW, one of the reasons I chose this stock to trade is because it has a Beta < 1, which means it's not very corrrelated with the S&P 500 Index. Ideally, I'd like to trade stocks with a 0 Beta, so they're trading on their own technicals. But not many of those stocks out there.
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