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.
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Hi Sup, sorry mate but I don't see an entry for PPT in the short...
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