So, Mr Market has spoken and said "not yet" to a PPS breakout.
It flirted with the top of the trendlines for two weeks before being slapped down yesterday and it appears we are heading to the bottom trend support line at $0.45 in the first instance. A decisive break of that would see the stock back hunting to its circa $0.35 low.
On a longer-term basis, this was a verry clear rejection for the moment of the resistance line that has been in place for the past 30 months.
So - still a waiting game on PPS finally breaking to the upside.
Is a breakout imminent?, page-11
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Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $262.6M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 54.5¢ | 53.0¢ | $389.7K | 722.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2735 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 39413 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PPS (ASX) Chart |