PRE 0.00% 6.0¢ pacrim energy limited

announcemnts, page-7

  1. 2,240 Posts.
    Drillfix
    im not sure which post you were refering to before,
    It just occured to me that you might have been refering to the divergence on the GOLD chart. If so let me explain.

    Divergence to me is not a sell or buy signal, just a warning to not be an "extreme" bull or bear at that point,(in this case short term)a continuation of that divergence resulting in a trendline break is though.

    just the same as PRE during the week at 3.5c.

    I place Divergence on its own at about 4 out of 10

    diverg/trendline break 8/10
    diverg/tr break/ and a series of Fib conformation 10/10
 
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