PRN 2.43% $1.06 perenti limited

Thinking that this rose fairly quickly from the lows- by about a...

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    Thinking that this rose fairly quickly from the lows- by about a third. Could that be one of those fibonacci retracement thingies that chartists write poetry about? Anyway, perhaps it is a good time for shorters to get in an enjoy a dip.

    And the recent rally in this sector has taken place while sector headwinds have far from abated.

    So, I am thinking, in the long run this should go really well- the rally points to this, in the short term there could well be more twists and turns. There are still plenty of arms here and globally that have not been jabbed yet- that is part of the macro.

    I am tempted to take profits and buy back lower down- but the upside here is far greater and I would not want to miss that.

    IMHO DYOR
 
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
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