Thanks dascore for the Jenkins angles and SMI. New tech analysis...

Thanks dascore for the Jenkins angles and SMI. New tech analysis for me and I am sure for many of the readers as well. You seem to be indicating further short term price falls for POH.

Certainly for me, the pull back over the last 3 days is healthy. It allows indicators to unwind and an incentive for bargain hunters to come back in. I have no sentiment for short term moves ATM. Certainly, negative aspects for June could be: 1. lack of new announcements. 2. Tax selling. 3. The unfilled recent gap between 11.5 and 12c

I feel very comfortable with the current price action as I am very confident with the fundamentals of POH for the future.

Personally, I managed to pick up another parcel on Fri for 13.5c If the price does fall back and fill the gap, I will be buying again as I now feel more confident of very good technical support at 11.5c. If price moves above 15c I will also be buying more and averaging up with confidence. A year down the track I am sure these current prices will look cheap after expected positive Oxy results etc.