PER 1.41% 7.0¢ percheron therapeutics limited

classic textbook trading, page-64

  1. 14,914 Posts.
    Geezer, IMO it's correcting right now and a lot of churning is going on. I admit normally on retrace lower volume is better but it also pushed back up to the day's high which is pretty obvious buying.

    So what I can see here is lots of selling, but even more buying. Only a matter of time before the buying over runs the selling IMO.

    Price has also still held above that very steep channel I pointed out the other day. That is really incredible and means that this even faster ascent in price is still on the cards.

    IMO this could run tomorrow. I said Wednesday but after seeing it rally back from it's lows today, I think we could be on again tomorrow.

    I havn't seen strength like this in a stock for a while..
 
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