PSC 0.00% 10.0¢ prospect resources limited

The way it was trading and accumulating between 5.9-6.2 it...

  1. 6,467 Posts.
    lightbulb Created with Sketch. 1768
    The way it was trading and accumulating between 5.9-6.2 it should have closed around those levels if not at 6.5.

    But when it fell i expected it to hold at 5.5c where support was and it was being accumulated again and tried to push higher, failed and was sold to 5.3 tried to push again up and then became oversold.

    See how tomorrow goes, first time in a while the buy side is less than the sell side, games will be played to suck in more sellers and then the accumulators will pounce again once everyone's sold off and it will take off again and same thing will happen. If you don't fall for the games and don't sell the price can't drop.

    I think we'll see next results by Friday since the second rig is going now, the trading patterns will be telling, tomorrow may be ugly and attempt to push it down more so they can buy up big and take advantage of the scared retailers. Signals will come the day before results, just like we had yesterday and last Friday.
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $54.34M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $35.85K 341.9K

Buyers (Bids)

No. Vol. Price($)
3 115632 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 131956 3
View Market Depth
Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.