By Zak Mir | Wednesday 12 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Progress at and along a rising 200 day moving average is what one would expect to see in the more robust of technical situations, and this is what we have been treated to with the shares of Private & Commercial Finance Group (PCF) over the recent past. With the company having pulled back to a possible level of support, I offer a share price target for the potential upside on offer