PBG pacific brands limited
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When it comes to buying shares in businesses, I am more of a...

  1. drummnutt
    348 Posts.
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    26/03/09
    23:05
    Post #: 4949084
    When it comes to buying shares in businesses, I am more of a fundamentalist analyst, but I do use tech analysis to try to understand if I may have the opportunity to buy good shares cheaper in the short term. I view PBG as being way oversold on fear, but I note one very important and intersting TA point at close of trade today (23.5c):

    Almost ALL of the available sellers could have sold their shares today at 22c today. If that had happened; what would the price be for a share in PBG tomorrow?? 40c, 50c...???
    PBG Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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