PEK 0.00% 19.5¢ peak rare earths limited

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  1. RM
    7,410 Posts.
    My stop took me out this morning a very fast and profitable 7 day trade.

    I have a ST target of @ 53-54 which is below the fib line so no confluence but does align with very solid volumetric support. I havent done the Gann but eyeball would be about 58 but if there is a trader out there that would like to throw a grid up for discussion that would be appreciated.

    If this target is hit it will perk up my interest as a rebound will produce the first higher low. Otherwise need much more strength to reverse current position. Midterm view still bullish so hopefully more opportunities to come.

    For holders I hope it gaps up tomorrow 4u.

    Regards RM
 
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