PFT 5.88% 3.2¢ pure foods tasmania limited

CHART- PFT, page-642

  1. 7,636 Posts.
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    Hi guys, decided to take a look back at what was once my star performer. After starting at 20c, I was buying this all the way up to 1.60 and finally sold the lot end of January for a loss at 94c. At one stage it was half my portfolio % wise.
    So, looks like absolutely no interest here yet, surprised the mash is still not on the menu. The chart is telling me that if around 54
    support doesn't hold, which was the bottom of the bull flag back in August/September last year, it is heading to 16.5-22. As the RSI is low it may get a small bounce if it drops into oversold territory but not holding my breath. No point trying to trade it until a break of that long descending triangle or if the FA starts to stack up. 200MA is flat, the 20 is below the 50 and both pointing down.
    Wont be popular but that's what the chart is telling me IMO.
    https://hotcopper.com.au/data/attachments/3243/3243162-c37289a9db61c73f1b55a7923e51c294.jpg

 
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Last
3.2¢
Change
-0.002(5.88%)
Mkt cap ! $3.906M
Open High Low Value Volume
3.4¢ 3.4¢ 3.2¢ $538 15.99K

Buyers (Bids)

No. Vol. Price($)
1 218736 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 24888 1
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Last trade - 11.48am 15/07/2024 (20 minute delay) ?
PFT (ASX) Chart
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