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BumpkinIn the first 1/4 of 2008 POH was coming down from higher...

  1. 846 Posts.
    Bumpkin

    In the first 1/4 of 2008 POH was coming down from higher levels and paused around 17 for quite a few weeks before falling further. So there is resistance at 17c

    During the first & second 1/4 of 2009 the share price came back and topped out at 18c several times 1 time going through to 20c and think it was 2 times after it made it to 17.5 before retracing yet again, similar story in 2010.

    But this 18 level goes back to 2003 and 2004 as well.

    This is all according to my interpretation of things of course. 18c is the level I have set that I want to see the price break through on decent volume with a solid looking candle if it doesn't then I will look to get in around 11c - 12c. Then of course there other resistance levels above but 18 is my safety net.
 
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