PGY 8.70% 2.1¢ pilot energy limited

Ann: Pilot Announces $4 million Placement, page-49

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 14,488 Posts.
    lightbulb Created with Sketch. 7728
    Hey there Tek, just thought I'd pass this on.

    Check out the SP performances immediately after a wick below bollie band (circled). Now keep in mind that on this occasion the SP has just come down from the upper bollie therefore the retrace has more strength. (bit like a ship at full stream, takes a bit more effort to pull it up) (similar to the red circle retrace where it went for a second punch lower).

    https://hotcopper.com.au/data/attachments/6334/6334408-93224d5b252dcbc5b7fe950630109d0a.jpg

    Anyway, any wick outside of bollies either way is a pay attention moment and in this instance I'll be keeping an eye on volumes and strength on the shorter time frames.(30mins / hourly)

    Might be worth a go.

    Cheers
 
watchlist Created with Sketch. Add PGY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.