Cheers Brabus :-) ah yes when PDN was market darling an in an uptrend,...those where the days!lol
Shetoldmeto,
We could go on forever it would seem.
You mention a few screen jockeys watching the 4.8c level, and yetyou mention the 4.3c resistance level,...is this level an investors level they are watching??
We are discussing how each of us view the resistance levels and I believe that they are clearly visible no matter the time frame of chart used.
Agree investors will drive a solid trend, whilst traders provide the liquidity.
As I have mentioned the sideways movement/consolidation the past 6 months has been an equilibrium reached and investors/speculators are happy to pay around current prices.
The more conservative investor/speculator will want a bit more to base their buy on and are prepared to wait for further news and happy to pay a higher price,...one would hope that will be above 4.8c resistance (after it closes above 4.3c on monthly of course lol)
Cheers
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chart says down, page-16
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