Yes Joe I think it's a mistake to sell at 35 cents. For the last 4 months there's been a gradual chipping away at resistance on a backdrop of positive announcements and financial results from the company.
I did some sums and more than 9 million shares have changed hands at an average price of $0.335 cents during this time.
Resistance is now breaking and selling at such a small premium to the average price from the last 4 months is a mistake. The next line of resistance as caketin mentioned is at 40 cents and above.
If I wasn't so overweight PGC I'd buy more at 35 cents and you can see buying support building there now.
Yes Joe I think it's a mistake to sell at 35 cents. For the last...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
0.010(2.22%) |
Mkt cap ! $761.4M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.0¢ | 44.0¢ | $346.1K | 769.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 79186 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 55989 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PGC (ASX) Chart |