the latest news comming from iraq must have been received by the market positively. pet is up near 12% this morning on 361k volume.
it is back in the 50's range having slipped off it for a couple of days recently. has crossed its long term ma supported by rising indicators and volume. bullish w straddling october and november of last year!!
very importantly on 3.7% spread. a year or so ago pet used to run at multiples of this spread!
still not for the safe investment minded. purly for the most daring!!