PGM 0.00% 2.8¢ platina resources limited

chart, page-347

  1. 3,902 Posts.
    lightbulb Created with Sketch. 360
    Nope todays buying wasnt me... but did I double up yesterday??? why yes, yes I did...

    Technically I believe this is looking pretty good, albeit with some resistance around those old highs.. And I mean fundementally there is no reason not to at least test the old highs pretty soon.
    The MACD is well and truely above 0, and we have just past the signal line and MACD points towards the heavan's and Zues. (signal line trending upwards also, not quite to Zues, maybe some lesser diety, but the direction is up). I believe all this is good and somewhere Oly is lost in a sea of metaphorical mythical physco babble.

    Has anybody got proof of the 50 day moving average crossing 200 day??.. Im sure the golden cross is probably in by now, and this is obviously a longer term signal that us believers/long term holder/occasional traders dont really require on a fundemental level but would be good to confirm... my trading platform will not allow me these things, basically I need a new trading platform and bank in fact. Any suggestions from the pros would be great....

    And we still sit right on that upper Bollinger. Right in the sweet spot of the trade..... (so Im not an experienced technical guy but I would have thought we would have gone above that upper bollinger on todays rise, (and been overbought) but seems those bollingers will flare out a fair bit while the price is rising...

    So even though Im know technician Im guessing that these kind of 20% rises are sustainable to an extent...... obviously predicated on the arse not falling out of AUZ, CLQ,the mkt in general.

    The other elephant in the room is takeover.... with AUZ doing numbers and @150 mill mkt cap, maybe the horse has bolted on AUZ..... if it hasnt Friedland would want to get cracking....

    PGM on the other hand would still look cheap as chips.... and there was all that huff and puff from CLQ backers about PGM not having the water rights- which appears now to be downramping.......

    So who knows maybe Mosig and co have all the more reason to try and fire up a bit of Pilbara conglom spec, or something out of Greenland????
 
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Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $17.44M
Open High Low Value Volume
2.8¢ 2.8¢ 2.8¢ $6.323K 225.8K

Buyers (Bids)

No. Vol. Price($)
2 315000 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 74182 1
View Market Depth
Last trade - 15.32pm 16/07/2024 (20 minute delay) ?
PGM (ASX) Chart
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