PAB 25.0% 0.3¢ patrys limited

PAB Chart & TA, page-7

  1. 14,638 Posts.
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    Raffout, this is a tough stock as you probably already know and I don't want to heap a pile of negativity on the thread so I'll start with the tough bits.

    https://hotcopper.com.au/data/attachments/4865/4865222-a0cc2cd78b3b9a9997f69c2ca56213f1.jpg

    An overview of the weekly shows some big consolidation zones overhead which are going to create a roadblock when / if the SP keeps moving up. These zones indicate a lot of trapped supply that would be eager to get their funds back so expect a very choppy and drawn out path through that.

    https://hotcopper.com.au/data/attachments/4865/4865232-cfd25661b5d6c720c048d798eb34a9c5.jpg

    Coming back to the daily and more current trading we see that the price action is quite good with the SP above both the bollie median line and the 8 ema. You have a resistance level at .021 so a close of day above that would be bullish. Support is at .019 and .018. The last 3 candles haven't shown a lot of strength, today will be an important session for guidance.

    https://hotcopper.com.au/data/attachments/4865/4865268-0b0a6997857acd48c44a6f362cc640eb.jpg

    I don't follow PAB or know what they do but hopefully they have something significant about to land to put some fire into the SP. Sorry I can't be more positive, I'm simply reading the chart.

    Cheer.
 
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Last
0.3¢
Change
-0.001(25.0%)
Mkt cap ! $6.172M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $626 206.4K

Buyers (Bids)

No. Vol. Price($)
35 40042144 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 10614833 12
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Last trade - 15.46pm 04/11/2024 (20 minute delay) ?
PAB (ASX) Chart
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