PTD unknown

decision time

  1. 10,605 Posts.
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    If you reckon that PTD is going to pull this thing off with their patent then around the current price should be good buying. ie $1.14 which is a 'soft' support.

    Note the next really solid support is back at 97c so that's the likely downside risk atm. (barring Jolly's apocolyptic $0.00

    Until today the support has held well but just a note of caution would be that I don't like to see intraday break supports - got to $1.11 earlier. It may mean nothing but any opens or especially closes below $1.14 and I reckon it would be safer to sit the dance out.

    Chart attached

 
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