Good afternoon mi amors!

Shares of PEIX is currently down 36% but I am looking at this as a potentially HUGE bottom bouncer. We love our bottom bouncers here, and currently on Level 2 there’s a lot of buys going through in the .33s. I did tweet this one at .32 and it’s on my roachy watchlist for a potentially HUGE retrace.

Remember kids, there are no guarantees that PEIX will hit these prices but I’m just giving you a gauge on the price levels that I am keeping my eyes on for a bounce!

From PEIX’s high of .55 yesterday down to today’s low of .30 the fibonacci retracement levels are as follows:

23.6% retrace = .36

38.2% retrace = .40

50% retrace = .43

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Senorita “I love bottoms!” Roachita

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