PGC paragon care limited
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Agree on the TA in that it doesn't look great, next support is...

  1. rgvlee
    151 Posts.
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    29/08/18
    08:18
    Post #: 35252195
    Agree on the TA in that it doesn't look great, next support is 740.
    We made the 200ema death cross a little while ago now and it doesn't look like rectifying that anytime soon with a strong downward trend.
    Only positive I can see is RSI will be oversold soon so hopefully some consolidation and a return to previous 780-790-800 levels to bring us out of the channel and above 200ema.
    FA looks ok just need the TA to catch up. At these levels the price seems cheap.

    PGC Price at posting: 75.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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