Australia's largest stock trading and investment forum Australia's #1 stock forum

PGY

Click for more information

8.70%

2.1¢ pilot energy limited

Thanks Slick, Ive learnt a fair bit from your charts over the...

First 50 Last

Share
Profile

Follow
tektron

4,620 Posts.

110

25/07/24

08:53

Post #: 74905780
Share

Originally posted by slick: ↑

Hey there Tek, just thought I'd pass this on.

Check out the SP performances immediately after a wick below bollie band (circled). Now keep in mind that on this occasion the SP has just come down from the upper bollie therefore the retrace has more strength. (bit like a ship at full stream, takes a bit more effort to pull it up) (similar to the red circle retrace where it went for a second punch lower).

Anyway, any wick outside of bollies either way is a pay attention moment and in this instance I'll be keeping an eye on volumes and strength on the shorter time frames.(30mins / hourly)

Might be worth a go.

Cheers

Expand

Thanks Slick, Ive learnt a fair bit from your charts over the years.

On the daily trade side Im generally watching that bounce off the bollie and then the cross over to confirm the trade. So yes bought on the .018 and sold at the .021... right now waiting for the turn again to come in and that push into the lower bollie.

PGY Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 32 more messages in this thread...

First 50 Last

Add PGY (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change -0.002(8.70%)		Mkt cap ! $29.98M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$525	25K

Buyers (Bids)

No.	Vol.	Price($)
4	2388094	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	1503839	4

View Market Depth

No.	Vol.	Price($)
4	2388094	0.021
7	2999206	0.020
7	4052600	0.019
9	3040707	0.018
6	1250000	0.017

Price($)	Vol.	No.
0.023	1980077	5
0.024	576626	4
0.025	1557333	3
0.026	950040	2
0.027	279950	2

Last trade - 10.06am 04/10/2024 (20 minute delay)

PGY (ASX) Chart