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Actionable news in P: PANDORA MEDIA Inc,

Pandora (P) Faces the Music as Stock Hits Low Note

NEW YORK (TheStreet) -- New 52-week highs have been topping new 52-week lows and after a 300-point up day for the DJIA, we might have forgotten all together about the new low list. But Pandora Media (P - Get Report) gave us a wake up call this morning. They opened the box and evil came out.

In the chart above, we can see a pretty dramatic downside gap for P, breaking to new 52-week lows.

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In the longer-term chart above, we have to look way back in history to try to find the next possible support area. Notice the congestion on the chart around $10 -- this could be the next area for P to hold. Fingers crossed.

TheStreet Ratings team rates PANDORA...


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