![]()
1PG Daily - 16th Sept.
Note the tightening of the Bollinger Bands and SP trading on upper range.
CCI broke above +100.
MACD crossed but only just holding ... approaching zero line.
Appears to have bottomed in the low 20s.
I wouldn't be confident pip trading as it could swing 10% either way quite easily, but worth considering for a longer term punt. We all know the capital structure is very tight. Plenty of cash on hand. Enough liquidity to get in/out. Sound like a broken record but MGMT just need to start kicking some goals and I'm in.
Add to My Watchlist
What is My Watchlist?