The best buy signal was back around mid-October when a cup and handle pattern formed - I bought in at around $0.55 with a target of $0.67 and sold out at $0.65 for a nice short term trade. I agree it looks like it will run up again but I'm cautious of the fact that price is probably completing an Elliott Wave 1 wave and the recent high might have been the top of that wave. Theory says the following Wave 2 could fall back by 75% of the rise of Wave 1 - ie back to below $0.40 . I've had a good feed off PPS and for now and as a short term trader I'll sit back and watch for another opportunity when I'm convinced Wave 2 is done and dusted (or price makes another tradeable pattern). Someone mentioned a possible double bottom - the recent low coincides with a low back in 2017 as well so I'd say its a great double bottom.
Good luck with it.
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The best buy signal was back around mid-October when a cup and...
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $297.4M |
Open | High | Low | Value | Volume |
62.0¢ | 63.5¢ | 61.5¢ | $446.2K | 711.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 94471 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.5¢ | 4564 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 94471 | 0.615 |
3 | 6124 | 0.610 |
1 | 1000 | 0.605 |
4 | 32488 | 0.600 |
2 | 50849 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.635 | 4564 | 1 |
0.640 | 36233 | 3 |
0.645 | 20220 | 4 |
0.650 | 36859 | 5 |
0.655 | 10037 | 3 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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PPS (ASX) Chart |