Good performance all round, I'm liking holding Paragon. When I...

Good performance all round, I'm liking holding Paragon. When I logged on around mid day WA and saw 400k traded and 44.5c I was seriously worried. Fortunately, now I've had a chance to sit down and start having  look I'm a bit puzzled what got them running, unless it was just a sell the news reflex. Even the chart finished pretty unscathed by the time it counts, that being the end of the day. I tend to ignore intraday trades as they can be misleading evidenced by the way there is 119k on the closing price bid, and 60% of the traded volume for the whole day is now on the bid over that price.

There are often arguments between fundamental analysts and Technical annalists as to what causes prices to move or form patterns. Once again PGC has been an excellent example of it being both. I'm sure it was no accident the pennant came to a point exactly as the half yearly is released. It makes perfect sense if you think about it.

Thanks for your run down Joe, I've only got to skim it so far, I'll have a more thorough read next.

Daily;