PBG, is still in a bullish trading mode.After breaking out from it's resistance level and a closed range near 80c for about 45days, the share reached a significant number, the $1 mark. It has now retraced and retested the previous resistance level of 90c and is now the new support level. PBG bounce off it, the 90c level immediately and is now 50% above it again, AN INDICATION THAT THE SHARE IS STILL BULLISH.If PBG can stay above 95c for the next few days, it will test the $1 mark again before the end of the month.
This is just a technical analysis and not a recommendation to buy, hold or to sell the stock, caveat emptor.
- Forums
- ASX - By Stock
- PBG
- gotta like this stock
gotta like this stock, page-12
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin