[isatrader]

A follow up post on PXX.TO, which has appeared multiple times in the watchlist over the last month.

It closed the week with a Stage 2A breakout attempt on very strong relative volume (8x the 52 week average), with a close near the high of the week, in one of the strongest sectors currently. The only negative is that’s not completely clear of near term resistance yet, as the weekly close isn't above the previous intraday highs, but is above the closing highs. So I’d give it a B+ rating for quality personally, at the Stage 2A investor entry point as it meets a lot of the criteria the method looks for, with a few negatives to consider.

I will be interested to see if it can close the month on Monday above the breakout level too, as that would be another positive to add.