XAO 1.42% 8,065.5 all ordinaries

This is an overview/update of my trade/tip on PNV and why I took...

  1. 736 Posts.
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    This is an overview/update of my trade/tip on PNV and why I took entries in the stock. I have sold partials (25%) around the 84/85c mark. Looks extended now, so want to see the MA's catch up and see them respected. Looks like a gap up today on open, so need to see that change of character (CoC - purple circle) continue if we're going to keep pushing higher and hold the gains. Would like to see a consolidation and new base formed before moving higher though if i'm honest. Shakes out the loose hands that might start selling before $1.

    https://hotcopper.com.au/data/attachments/1501/1501451-82ae7666e11dec0099d371c8ccc793b7.jpg
 
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