Monday, September 13, 2004

PBY and EEFT

Both stocks' MACD is decreasing and sto is in red. While PBY has worse phase 2 performance than EEFT, Pep Boys is in a better industry group than EEFT. The industry group where PBY is in is uptrending, but the industry group where EEFT is in is going sideways. The stock's big chart is also dropping (from 69 to 56). It reflected the price drop. Pep Boys' big chart, however, is staying the same. Following is the breakdown:
PBY EEFT
Ph2 + -
Big Chart - +

Given the breakdown excluding the weigt factor (only time will tell), I would venture into buying both stocks options.

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