PM1 0.00% 3.8¢ pure minerals limited

Technically the sp seems to be consolidating around the 4 cent...

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  1. 6,972 Posts.
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    Technically the sp seems to be consolidating around the 4 cent area as it did previously around the 2 cent and 3 cent area. Bids more active than the ask and closer to 4 pm and during close share price auction, the ask price qty for sale are being decreased . PM1 is not trading as if the gap around 3 cents is going to come into play at the moment , trading above its 20 and 40 day EMA . Large Wick around the 5 cent area is going to be filled with momentum , high 4 cent area with volume could trigger a parabolic move .

    https://hotcopper.com.au/data/attachments/2588/2588169-8cb11ac3093ff58de2244c2dd3b15924.jpg



    Last edited by MajorJohnny: 24/10/20
 
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