PEX 0.00% 10.0¢ peel mining limited

new assays coming?, page-30

  1. 1,811 Posts.
    Thanks tciboss, got my head a bit lost there reading the posts..

    I think your right, i have definitely learnt the value of having stop losses - its called capital preservation!! I almost sold out of PEX when it dropped from 29.5 to 21.. ..in fact that was way over my stop loss, but had a strong feeling about the stock so was lucky.. ..could have ended up alot worse though!

    I like PEX and think it has potential, definitely some good swings to trade, but unless your in it for the long term your absolutely spot on.

    Im looking for a re-entry closer to 32, todays actions just reinforced that. Could be a descending wedge from the recent highs which would reinforce that further - taking note of the current BvS as well.

    A move above 36 tomorrow could signal a breakout - but for now the trend is down i think. 32 is probably the lowest it will go.
 
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
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