Wednesday, July 3, 2013

ProofPoint - Follow-up

I had a request for a follow-up on ProofPoint (PFPT):


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 24.11% in the last month
  • Relative Strength Index 80.84%
  • Barchart computes a technical support level at 23.91
  • Recently traded at 24.97 with a 50 day moving average of 20.57
The stock hasn't broken it's momentum yet.


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