It's a tough one because we have companies like TSO that don't move for 2-3 weeks after good announcements, and then you have PDI that trades magnificently in channels and off announcements. It's just excellent. Based off recent announcement on 15th it moved 20% on the Hill 800 but then went straight back into a sliding downtrend. It feels to me it has a lot of supply to get through first or someone is accumulating... but looks like supply to me.
As always, with a MC of around $13M and a JV with one of those cos could easily give it some strength and perhaps put together another month long run like it did in Feb there.
- Forums
- ASX - Day Trading
- Day Trader’s Aftermarket Lounge 30 June 2020
Day Trader’s Aftermarket Lounge 30 June 2020, page-41
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online