PAE : Key suports at 1.04 and 1.00
February 15, 2011 Leave a comment
PAE had had a decent run, but watch 1.04 very carefully, because if it breaks, which looks likely, the stock should retest 1.00 in no time. A breach of 1.00 will place 0.93-0.94 as the next support of significance.
If it manages to hold above 1.04 for a day or two, then 1.09-1.10 will be the upside target and resistance for it to deal with.