PGOLD on potential breakdown

Puregold Price Club, Inc.

PGOLD is on a potential breakdown from a Descending Triangle pattern consolidation with a measured price target around 39.

*Immediate support area around 41.55.

As previously noted, a Descending Triangle is a bearish bias chart pattern. See previous analysis for more details:

https://psetrends.blogspot.com/2017/04/pgold-descending-triangle-consolidation.html

Trading Plan

- Avoid for now