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Author Topic: Investment 2013: Parexel International In Buying Range From Flat Base  (Read 636 times)

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Parexel International In Buying Range From Flat Base

Parexel International (PRXL) is holding near a four-year high in the Stock Market Today and is in buying range from a flat base. The stock's pattern didn't have the rectangular, boxy look of a flat base. But it was five weeks in length and corrected just over 14%, thus meeting the criteria for a flat base. On the plus side, the flat base was a first-stage structure. Parexel undercut the low of a prior flat base in late December, resetting its base

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