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Analysis: #NYSE: #PCG

Case 16 #PacificGas & Electric Co

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

1/5
A very bearish stock that is met with heavy selling when ever price attempts to form a base to build on. This company is heading for bankruptcy, unless something drastic happens.

2/5
Chart 1
Monthly Chart: The situation is very negative. #Resistances are everywhere. Price currently hovers $3 off the all time low @ $3.05

3/5
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