Wednesday, April 16, 2014

Pacific Radiance to continue uptrend?

Pacific Radiance, uptrending stocks that recently pull back after making a new high. currently we see this stock bouncing off the support level. Currently the price moves within the uptrending channel, support at $1.03, resistance can be seen around $1.14.

Recent News:
• Pacific Radiance inked a joint venture (JV) agreement with Westsea Marine (S), an Australian company providing maritime services as well as an owner and operator of a modern diversified fleet of vessels. The JV company, Westsea Radiance, intends to be engaged in the business of ship ownership and other offshore marine related services in the offshore support vessel segment.