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6.25%

3.0¢ painchek ltd

pck chart, page-1682

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fattchoi

6,781 Posts.

4491

14/11/19

18:35

Post #: 41431273
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Originally posted by zmans ↑

Had a look at the chart and this break out from the Flag pattern sees us testing 48c . My reasoning for this is flag patterns are consolidation points but they are also continuation patterns and effectively what we have seen is a counter trend retrace back to the long term trend line and now seeing a V shape recovery. If you measure out this flag pattern the next point is 48c. ( for eg this is a similar consolidation pattern when the sp was trading in the teens before it hit 32). Other thing to consider is the stock closed on its high and if it gaps up tomorrow this will be classified as a continuation gap which is a very bullish signal. I will leave it to the experts to post their charts

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Hi z, thanks for explanation. I think for it to hit 48, there has to be a positively material announcement to back it up. Personally, it does not matter what it does for now. As long as it goes to at least $5 by 2023 plus possibly a maiden dividend

PCK Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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(20min delay)
Last 3.0¢		Change -0.002(6.25%)		Mkt cap ! $49.11M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$42.80K	1.387M

Buyers (Bids)

No.	Vol.	Price($)
1	50000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	79333	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.029
2	200000	0.028
3	792592	0.027
4	678500	0.026
2	118601	0.025

Price($)	Vol.	No.
0.030	79333	1
0.032	50000	1
0.033	447494	2
0.034	108791	1
0.035	225000	2

Last trade - 15.43pm 07/11/2024 (20 minute delay)

PCK (ASX) Chart