Could be seeing the formation of a pennant here:
A rise out of the pattern on volume is a strong buy signal with a short term target of 0.105.
Trading is thin enough that I dont consider there to be a gap at 0.073-0.074, however if there are enough gapists following it may be a self fulfilling prophecy for that to be filled, which would be other buy signal.
PEC chart thread, page-3
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.400M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 275867 | 3 |
View Market Depth
| Last trade - 16.12pm 22/08/2024 (20 minute delay) ? |
| PEC (ASX) Chart |
Day chart unavailable