Buy It or Sell It? Petrone Worldwide Inc (OTCMKTS:PFWIQ)

Petrone Worldwide Inc (OTCMKTS:PFWIQ) is going up in late morning session on Thursday.

Market Action

As of 11:45, PFWIQ stock went up 57% to $0.0044. The stock has a total volume 315 million shares – 28.50X its average volume of 11.70 million shares.  The stock has moved in a range of $0.0027 – 0.0056 after opening at $0.0027.

PFWIQ Company Description

Petrone Worldwide, Inc. imports, exports, and distributes tableware products, decorative hotel guest room amenities, lavatory, bathroom fixtures and furniture, food and beverage service items, and trendy accessories for Asian and European markets. It operates through two segments, Product and Logistics Services. The company sells its products under the Front of the House and Room 360 brand names. It also offers warehousing and logistics services. The company has a strategic alliance with Dewan & Sons India. Petrone Worldwide, Inc. is based in Weston, Florida.

Trader Notes

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20323.0769OverBoughtChaikin Money Flow0.1343Buy
MACD0.0000BuyMoney Flow Index64.5829Sell
STOCH (14,3)86.6667OverBoughtSTOCH RSI1.0000OverBought
UO61.9140BuyWilliams %R-13.3333OverBought

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