Hi Sup,
sorry mate but I don't see an entry for PPT in the short term. Today's action following this week's report is very bearish now it has broken to new lows. After looking at a monthly chart (not something I do often!) it appears that the next support level is a long way below around the $20 mark. I'm not saying the price will get there but you would need some evidence of a turn before buying. It's on my watchlist and I'll keep an eye on it but for now the trend remains down.
On a brighter note, QBE is back above the $21 level. I've taken a skinny profit on the current run and will consider buying back in next week if it shows signs of holding this level.
- Forums
- ASX - Day Trading
- daytrade diaries... friday
daytrade diaries... friday, page-97
-
- There are more pages in this discussion • 82 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
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online