PFT 0.00% 2.7¢ pure foods tasmania limited

CHART- PFT, page-261

  1. 11,023 Posts.
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    Chart update from the '30 Minute'
    Little more detailed than usual here, as really needed to see what has been going on, particularly since just a week ago on the 26th Oct, where it started to lose a bit of gas.

    - Stated before that $1.49 was 1st support, then $139.50 being the 2nd area.
    - Failed through both these levels (not end of the world kinda stuff, but...), and imo has just been consolidating for this period.
    - Volume has ben relatively low the past few weeks also, and with Flannery selling down some this has helped push it down easier lets say, there always has to be a catalyst, and this imo was the driver that helped unfortunately), albeit 'Offscreen buying is still Very much present, as I keep PFT on my Daily watchlist
    - In saying that of course, $1.07 to $1.09 is complete support imo, and if that failed the world would end right.....
    - Also put in the Fib retracement here, shows also 38.2% is in fact the $1.09 area
    - Just need to push out and North of this falling Volume channel

    sorry for the mess guys, but I plot a lot of lines on my charting for support levels, channels and the like, even removed quite a few...

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