No doubt MA is in a negative trend, and a PEG higher than 1.38 (the previous low-end trading PEG range) should not be expected. Fundamentals have nothing to do with it, its all about investor/trader’s psychology. The attitude is to be more cautious, with multiple contraction. Within its chart the negative attitude is obvious.
MA is oversold, and if it hits 250 (which equates to a PEG of 1.34, as per Yahoo Finance), I will close out the calls.
