PCK 5.71% 3.3¢ painchek ltd

EPT Chart Discussion, page-280

  1. 259 Posts.
    Just thought I would share what I see in today charts. My apologies for the shit charts, I am away from the computwr and using my phone.
    I think today was actually a good day, the seller is drying up as shown by a drop in volume, later selling and no sell down at auction.  
    I think we finished with a neutral doji (very close) meaning the market is neutral about the direction but often this is seen as a turning point of a current short term trend.

    Below is the chart which signals a very bullish indicator of a bull divergence with a new low set (circled blue) and the Stoch RSI indicator rising (circled blue), then coupled with a neutral doji this should see a strong reversal over the next few trading days.  

    20170420_201611.png
    Some key areas to look for:

    0.03 is our first pivot point, our first resistance, and 38.2% retracement from 52 week low  

    0.31 is 38.2% retracement from 4 week low and crisses 40 day moving average

    0.34 is our 2nd pivot point and our 2nd resistance

    0.041 is our 13 week high

    0.048 is 52 week high

    0.052 is 14 days RSI at 70%

    0.077 is 14 day RSI at 80%

    These I think will be our key points to be hitting as we climb at this stage but I will continue to update as it changes. I uunderstand TA isn't for everyone but I am happy to keep sharing for those that trade from them and sorry for those that don't like them.

    Anyway time to watch the footy show.  Have a good night everyone and despite what the TA shows our fundamentals are only getting stronger very day.
 
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Last
3.3¢
Change
-0.002(5.71%)
Mkt cap ! $53.98M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $36.61K 1.098M

Buyers (Bids)

No. Vol. Price($)
2 52916 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 205886 2
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Last trade - 14.51pm 15/08/2024 (20 minute delay) ?
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