PEK 5.71% 18.5¢ peak rare earths limited

Shady, some hold a LT core position, but trade around it a bit...

  1. D59
    1,338 Posts.
    Shady, some hold a LT core position, but trade around it a bit (often to increase their net position). Some even have a long term position in one account and trade the stock short term in another.

    So they may be thinking why buy more here if there's going to be a pullback say to the mid forties. Anyway, the jury's out on that as support above 50c still seems to be solid. We might just be consolidating a bit around this level before another spike.


 
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