PGF Pengrowth


One of the best energy companies and one that has traded for the longest time as an income trust. Just to complete this B-wave series note that this one meets most of the requirements. First C=A and C and A are almost equal to B as well. Secondly we are at a 50% retracement. Thirdly the RSI and MACD are dropping. The only fly in the ointment is that we have not (yet?) reached the upper trend-line. but we did reach the level of the 4th wave of previous degree.