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$116.90 pro medicus limited

Another TRADING opportunity for 'the fleet of foot'. Again, the...

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Saragian

4,700 Posts.

6005

09/04/20

20:40

Post #: 43981516
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Originally posted by Pomodoro ↑

My chart tells me that the head and shoulder pattern will complete at $18. Strangely the 61% Fib retracement from the begining of the uptrend in OCtober 2017 is also $18. So not too far to go. I hope it never gets there but if it has to go down further then i believe that it is not too far to go before buyers flock in. Stock dr valuation is 14.70. Therefore, it is pointless selling now when there is more upside than downside. These are purely my views.

What do people think ?

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Another TRADING opportunity for 'the fleet of foot'.
Again, the relevance of the linear regression line is lost on many punters, especially after a parabolic rise.
Cheers.

PME Price at posting: $23.54 Sentiment: None Disclosure: Not Held
2 Upvote

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(20min delay)
Last $116.90		Change -2.860(2.39%)		Mkt cap ! $12.20B

Open	High	Low	Value	Volume
$118.50	$119.38	$116.90	$27.28M	231.3K

Buyers (Bids)

No.	Vol.	Price($)
1	8	$116.88

Sellers (Offers)

Price($)	Vol.	No.
$117.45	688	2

View Market Depth

No.	Vol.	Price($)
1	8	116.880
2	736	116.790
2	3965	116.770
1	822	116.680
1	736	116.640

Price($)	Vol.	No.
117.450	590	1
117.860	736	1
118.010	736	1
118.160	736	1
118.310	736	1

Last trade - 16.10pm 17/05/2024 (20 minute delay)


Last $117.30			Change -2.860 ( 2.21 %)
Open	High		Low	Volume
$118.67	$119.37		$117.03	18217
Last updated 15.59pm 17/05/2024 ?

PME (ASX) Chart