PSC 3.70% 14.0¢ prospect resources limited

Ann: Phase 2 Drilling to Commence at Step Aside Lithium Project, page-2

  1. 399 Posts.
    lightbulb Created with Sketch. 45
    Today aligns some some recent thoughts, good times imo:

    a) The obvious, that both mines are still punching along with no negatives reported

    b) The comment, '...as are project generation activities and the Company is expecting strong news flow in 2023' suggesting the cash on hand will purchase more opportunities in the short-medium term

    c) The thin bollinger has opened up as thought with a little volatility to the upper side. Now a new short term upward trend is forming with a higher high than approx 17/1/23. Stochastic rebounded from oversold perfectly.

    d) Minimal volume required for a reversal.

    e) We've convincingly ended the short term down trend (upper downward line), and have a nice gradual upward forming along the bottom.

    From here, 14c was the test area at the completion of the arcadia sale around August 2022. No guarantee but we want to break it over the coming weeks, stochastic become overbought, come back down to test 14c, then go back up and re test the 18-20c range, and hopefully start creating some higher highs. Back to a 'hold' as I don't buy during these green days.

    https://hotcopper.com.au/data/attachments/5029/5029770-42060a48bc6c27e8a0164ce64436ec7e.jpg

 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $67.01M
Open High Low Value Volume
14.0¢ 14.3¢ 14.0¢ $3.513K 25K

Buyers (Bids)

No. Vol. Price($)
2 27146 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 140004 4
View Market Depth
Last trade - 10.26am 08/07/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.