PL exhibits serial gap pattern with increasing volume, Richard Moglen notes

PL exhibits serial gap pattern with increasing volume, Richard Moglen notes
PL serial gaps and rising volume

Richard Moglen has shared a weekly review of PL, describing it as a serial gapper. According to Moglen, the stock demonstrates a pattern of successive price gaps.

He also draws attention to the trend of increasing average volume. No additional details were provided about specific timeframes or catalysts.

Moglen’s observations on price dynamics and volume trends are consistent with his broader analytical approach, as seen in prior coverage of developing market patterns. His expertise in identifying critical turning points has been evident, notably in the nuanced evaluation of potential support zones when RMV reached zero, indicating new phases for the stock’s trajectory. Similarly, his focus on momentum and growth is reflected in a detailed exploration of the Lite trend, highlighting periods of revenue acceleration that mirror the shifts now seen in PL’s trading profile.

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