Ann: S&P DJI Announces September 2019 Quarterly Rebalance, page-40

I agree with Newing's comment on Friday that PET looks like it's going to retest its highs shortly. Momentum is still strong on the upside so shouldn't take long for that retest. To take partial profit or not? If one or both of these new trial lakes are one of the very large lakes in China; with current sp momentum and now that PET is in the ASX300, there is a decent chance it breaks the previous peak and keeps going. Should be an interesting week. If we get a close above $1.54, we will have a new closing high and that would increase the odds of breaking through the $1.60 intraday peak. On the chart below, $1.60 now looks like a very short term target (2 days to test $1.60?).
Newing on Friday night - "Phoslock (PET, $1.465 up 7¢, $810m) Here are the daily and hourly charts. The stock looks like it is on its way to test the upper limit of its six-week consolidation zone. My view is that it will only break upside upon good news on sales contracts, but that could occur any week now. SW China and Florida are the prime candidates."