Some (including myself) have thought Abu’s recent move up may have been in anticipation of news but the charts below indicate it may have just played catch-up to the sector as represented by the GDX or HUI.
Last week we corrected, also in line with the GDX.
The GDX now looks on the verge of a break out and the way our gold producers have behaved since this morning, that break out may happen tonight.
NCM up 2.5%, AQG up 2.7%, SLR up 2.8%, PRU up 4.7%.
IF ABU follows again, we could easily see a break out past 5.1c in the next few days.
We might not even need to wait for the next results.
Targets on a break out would be anywhere between 5.6c to 7c based on similar previous moves off the long term trend line as shown circled on the lower chart.
- Forums
- ASX - By Stock
- PRX
- ann out: op exept gravity gold recovery
ann out: op exept gravity gold recovery, page-56
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $846 | 423.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 74523422 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 4181933 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 74523422 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 4604935 | 2 |
0.003 | 18699556 | 17 |
0.004 | 2644000 | 4 |
0.005 | 889000 | 1 |
0.010 | 1240000 | 2 |
Last trade - 15.58pm 27/09/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |