I'm starting to get fascinated by the trading action!
A few large orders caught in a disappearing act & all of Fridays trades at 1.7c (total = 97,306) being reloaded at 1.8c (I can only assume they don't pay brokerage - slim margins otherwise ) If I didn't know any better I'd say someone wants to buy 'back' in big without paying fair value - keeping a cap on things - be wary of the smash downs and stomp outs. PIO has a bright future!
Ms Peta Libby should be announcing some results/new beginnings soon, right? I mean, we have a work timeline and current drilling programs... I guess we will wait, not that I mind as I enjoy the DC style announcements out of the blue... cobalt blue that is
Anyways, things to note:
- Stoch RSI is being smacked down into oversold territory, albeit on low volume
- MACD haggard and jagged.. but still in positive territory
- OBV effectively flat.. again
- SAR has flipped
- EMA200 at 1.9c !
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I'm starting to get fascinated by the trading action! A few...
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