Mike 68 I use T.A. to trade with and F.A. when I want to hold a good company. I have traded PEK numerous times and also have a core holding as I believe in the story. I occasionally share what I see on the chart and I guess it may be in the 'eye of the beholder'.
H.S.- left shoulder high Feb 10th 51.1c
left neck line low 45.5 Feb 21
head high 62.5 Feb 29
right neck line low 44.5 Mar 7
right shoulder high 51 Mar 12
break down through right neckline Mar 26
price drop from head high to neckline 18 c
therefore 45 c neckline less 18 c gives me a
a target of around 27 / 28c
As far as the gap at 29, it was always there so there was always a high chance it would fill at some stage. There are occasions where gaps dont fill but mostly gaps will endevour to fill, either up or down.
As I've said, I only state what I see. To me, this has been a basic, simple pattern which has played out.
Any other T.A people like to make a comment, confirm or disagree
I hold and intend to buy more soon .
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Mike 68 I use T.A. to trade with and F.A. when I want to hold a...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
21.0¢ | 21.3¢ | 20.0¢ | $7.412K | 36.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11753 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 22595 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1753 | 0.200 |
2 | 48722 | 0.195 |
1 | 15000 | 0.190 |
1 | 70000 | 0.185 |
4 | 68666 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 22595 | 4 |
0.220 | 16750 | 1 |
0.225 | 15764 | 1 |
0.230 | 5000 | 1 |
0.235 | 129418 | 2 |
Last trade - 15.57pm 11/09/2024 (20 minute delay) ? |
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PEK (ASX) Chart |