PBT Group (PBG)

Graeme looks at PBG group moving into Stage 2

PBT Group (PBG)

PBG confirming the formation of a stage 2 Medium-Term trend-line. Now retreating into a buying area, circled. The horizontal blue dashed line represents NAV, and confirms the market's assessment that this is now a growth stock, therefore valued above NAV. Trading nicely above a rising 200ma.