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C = Catalyst for a Stock’s Movement
Pitney Bowes provides software, hardware, and services to enable physical and digital communications worldwide. It also offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels. With efficient physical and digital communication increasing in importance worldwide, Pitney Bowes has and will continue to provide the products consumers and businesses demand. Look for the company to remain a leading provider in its industry.
T = Technicals on the Stock Chart are Mixed
Pitney Bowes has had a disastrous slide since its highs established in 1999. The stock has tried to recover, but any sort of progress has been a selling opportunity. Currently, the stock is seeing a significant bounce from lows established last year. Can this positive price momentum continue? Let’s take a look at what the key moving averages signal…
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