PSV perseverance corporation limited

possible recovery play

  1. nikk0
    5,893 Posts.
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    30/05/05
    07:34
    Post #: 926411
    PSV looks like a possible recovery play:

    - recent calls in the gold price bottom
    - 4 analysts have a buy recco (source the Inside Trader)
    - AMP is a recent shareholder again
    - CBA has increased its shareholding

    There appeared to be a big seller/sellers still exiting the stock on Wednesday,Thursday and Friday although buyers are taking up the stock, with a strong close on Friday.

    The chart shows bullish divergence on the Chaikin Money flow, RSI coming off oversold levels and price coming up off the lower Bollinger Band.

    PSV Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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