Hey @Bright30, I fail to see the connection between 1PG and the above charts for FMG, ASL, LNG & SHJ, other than to point out the nature of how stocks can rise and fall in a cosmic heartbeat?
I get where you're coming from though as the possibility of a dramatic turnaround is clear. With such a tight register and minimal number of SOI, the SP could run hard given the right conditions. 1PG will need to start putting runs on the board in the form of revenue and profit for that to happen.
The chart looks incredibly sick and on the verge of flat-lining. Clear! Buzzzzz! I see a pulse, but I reckon the downside risk is still quite overwhelming. In the absence of any fundamental turnaround, I'd be looking to buy <30c.
1PG Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held
