CHARTING THREAD ONLY

It would be good to keep this thread is specifically TA based. Tough to do on HC as the long term investing FA types tend to get defensive and disrupt ... what can you do? Ill give it 2-3 hourslol

There are other threads for company specific/lithium discussion so would be good to keep this one on the technicals.

PMT has only been in existence for a month, so I thought it useful to start with PMET.v chart, as they have a trading history that may provide clues to support resistance etc and taking a trading position.

Only learning here. Also I only have access to my laptop currently as I'm away from home.

I highly respect @h00ts take on the TA so if he/she could drop by would be awesome.

We have had lower lows everyday the past few days on the ASX, closely following the TSX listed PMET. Plenty of small off-screen buyers coming in to support the ASX listing, with what appears to be continual selling coming across from the TSX, (considering those shareholders are still well in the money).

My first initial thoughts are a target at A$0.60c may bring in some decent buying support/volume (being the companies own valuation when doing the highly successful ASX listing).

I took the previous high back in mid-Sept for fibs.

Also my support line broke a day or so ago. See if this can be regained with expected news. Not looking great so far however.

Like I said I'm just playing around and reading when I can trying to understand the "dark arts of charts"

GL to holders. Hope it turns soon