[isatrader]

Nice bear flag, its already dropped 20%, but the longer the base the greater the move. and this on has over a year and a half of horizontal movement. PNF chart shows a bearish target of 14. MOS is in the same note. What I really like here is that there is no support level nearby for the last 2 years!

Hey Jere. Can you post the PNF chart for POT that shows the bearish target of 14? I am new to PNF charts so I'd like to see if I can figure out how you are arriving at that target.

Thanks in advance!

I'll post it for Jere, as he's not online at the moment. Attached is the standard P&F chart that shows the Preliminary Price Objective of 14, as the initial column since the triple bottom breakdown sell signal hasn't had a three box pullback yet, so the target is still not finalised.

Go to http://stockcharts.com/help/doku.php?id=...objectives for a full explanation of how to calculate price targets on P&F charts.