PCK 3.03% 3.2¢ painchek ltd

Ann: ePAT Pain Assessment App Secures Regulatory Clearance, page-137

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  1. 529 Posts.
    3c should be the support as it broke it after quite a long time. It may go down also will be a good buying opportunity. I have been in too many spec stocks to know that charts do not mean much. I have seen rise of FBR, SAS, ABU, LRS, 88E (and some falls as well) and have seen how panic strikes when good stocks come down like today. I had taken same advice like you are giving now and lost 100K opportunity losses in most of the stocks above in exchange of some 5-10K profits.

    On Technical sides, what I know is that a price hike on very high volume and retrace on a very low volume is a strong buy signal. It means there are a lot of holders happy to hold and don't want to give away their stocks for free. If today's volume was in line with yesterday's with retrace, that would have been a strong sell signal instead.

    On FA side, yesterday's ann. has de-risked the stock for me. I am happy to hold long term rather than earning 5-10K profit again and regret in coming months.

    All IMO and DYOR. Fee free to disagree.
 
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Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $52.39M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $1.155K 35.81K

Buyers (Bids)

No. Vol. Price($)
4 384560 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 79999 1
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Last trade - 14.19pm 05/11/2024 (20 minute delay) ?
PCK (ASX) Chart
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