As a very large shareholder of PER pointed out to me yesterday, it could be argued that the chart has just put in a very strong signal in the form of a bull flag.
It could also be argued that a cup formed around the 7c to 7.5c areas going back from around May 2023 until now.
The bull flag could be interpreted as the handle to said cup which is also a very strong sign, in my humble opinion.
I am reading these signs as to how I want them read, but, I have been a very negative person the last few years, and so there is very little pump involved due to rose coloured glasses.
I think that once we get good to great news, we will start to see many more of these very desirable patterns on the PER chart.
GLTAH.
Lockitt
per-chart, page-21
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Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $82.67M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.1¢ | 7.8¢ | $215.5K | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 137820 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 319232 | 3 |
View Market Depth
| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| PER (ASX) Chart |