What Next for Professional Diversity Network, Inc. (IPDN) After Forming Double Bottom Chart Pattern?

May 20, 2018 - By Hazel Jackson

Professional Diversity Network, Inc. (NASDAQ:IPDN) Logo

The chart of Professional Diversity Network, Inc. (IPDN) shows a double bottom with $2.94 target or 4.00 % below today’s $3.06 share price. The 7 months chart pattern indicates high risk for the $13.27M company. It was reported on May, 20 by Finviz.com. If the $2.94 price target is reached, the company will be worth $530,600 less. Double bottoms are rare but powerful chart patterns.

The stock decreased 3.16% or $0.1 during the last trading session, reaching $3.06. About 19,898 shares traded. Professional Diversity Network, Inc. (NASDAQ:IPDN) has declined 65.31% since May 20, 2017 and is downtrending. It has underperformed by 76.86% the S&P500.

More recent Professional Diversity Network, Inc. (NASDAQ:IPDN) news were published by: Benzinga.com which released: “27 Stocks Moving In Thursday’s Pre-Market Session” on May 03, 2018. Also Benzinga.com published the news titled: “55 Biggest Movers From Yesterday” on May 03, 2018. Globenewswire.com‘s news article titled: “Professional Diversity Network, Inc. Reports First Quarter 2018 Financial Results” with publication date: May 16, 2018 was also an interesting one.

Professional Diversity Network, Inc

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