A quick weekly chart. The shaded band is a gap from 13 to 17.5c
Would have been nice to see a bit more volume where we are now, but IMO, this is going through 9.5 very soon and will have a helluva run to cover that gap in the next month. There are no apparent resistance levels up to 25c. That's not the same as saying its going to 25c soon. I think that's months away. Just to be clear !
The basing pattern has been long - mid 2014 to mid 2019 - 5 years, so any breakout would be strong IMO.
Interestingly, the full band width is from 1.3 to 9.2 , being 7.9c. 7.9c plus 9.2c = 17.1, or top of the gap. Same target, two measures. Tick.
Just my own thoughts - Please DYOR
PCK Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
