Stock in Focus: Max’s Group Inc. (MAXS)

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Max’s Group Inc. (stock symbol: MAXS), formerly Pancake House (PCKH), has been battered hard after topping out more than a week ago.

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Philippine Stock Exchange, Max's Group_MAXS Daily chart, September 5, 2014

MAXS Daily chart, September 5, 2014

Price is back to around where it was during my first post. Will MAXS ever recover? Resistance lies around 50, 60, and 65-68. Another challenge and break of 30 would deal a serious blow to bulls’ efforts.

The Detrended Price Oscillator (DPO) remains comfortably below the zero level.

Do you have MAXS in your portfolio? Share your thoughts below!

 

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