Last Updated 11/09/2012
Analysis Courtesy of Investorials
PCS Edventures!.com Inc. (PCSV) is currently trading narrowly between its 50-day and 200-day moving average in an upward price channel. Traders should watch the 200-day moving average as a key support level, while the Relative Strength Index (RSI) and MACd suggest that the stock could be nearing a short-term bottom.
Potential catalysts for a move higher include:
- 10-Q or 10-K Reports showing better than expected revenues from the company’s international programs or learning centers.
- Additional Contracts in new international markets could help further bolster near-term growth.