@Zenzen As I said, trying to learn, I am picking my entries...

First 2 Last

Share
Profile

Follow
pustayo

7,263 Posts.

728

25/06/20

19:04

Post #: 45455525
Share

Originally posted by Zenzen: ↑

I looked for a chart thread but didn't see one, so here we go. I thought it worth a look at a couple of longer term charts for PGM to give some perspective on current SP movement in a broader context. It's had a big beat down, this, but you can see that the worm has turned. The sale of, but retained interest in Skaegaard, current drilling at Munni Munni, the conditional agreement to acquire the Challa Gold Project in W.A and the low level but persistent noise about Scandium is some of the FA behind the recent rises in SP. The 3 year, 1 week chart shows you that the SP has recently busted through a couple of resistance points at the start of this upturn. The 5 year, 2 week chart sees a sort of convergence of 50 day MA and triple resistance at around 4.5/4.6c. If it goes through here, it gets exciting. @pustayo piqued my interest in the chart with his mention of a Bullish Pennant, and whilst I don't think we quite have one of those, I reckon the FA and the TA look really juicy right now.

Expand

@Zenzen As I said, trying to learn, I am picking my entries extremely well using charts atm, usually the 5 min charts using bollingers, and MA's

However started dipping my toes into patters etc. This is what I was looking at. I thought it may be a pennant, could be an ascending triangle? Or could just be SweetFA lol?

PGM Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

GT1

Green Technology hands the helm to Henry

EMD

Emyria's Empax Centre chosen for mental health clinical trial

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Drove autonomous wheelchair gets TGA approval

There are more pages in this discussion • 480 more messages in this thread...

First 2 Last

Add PGM (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $13.71M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$2.224K	104.2K

Buyers (Bids)

No.	Vol.	Price($)
1	10166	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	90531	1

View Market Depth

No.	Vol.	Price($)
1	10166	0.022
1	106697	0.021
6	961613	0.020
1	173166	0.019
2	104349	0.018

Price($)	Vol.	No.
0.023	90531	1
0.024	250000	1
0.025	59897	2
0.026	620700	3
0.028	403154	3

Last trade - 10.15am 20/06/2024 (20 minute delay)

PGM (ASX) Chart

@Zenzen As I said, trying to learn, I am picking my entries...

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Green Technology hands the helm to Henry

Emyria's Empax Centre chosen for mental health clinical trial

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Drove autonomous wheelchair gets TGA approval

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

@Zenzen As I said, trying to learn, I am picking my entries...

Top Stories

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Green Technology hands the helm to Henry

Emyria's Empax Centre chosen for mental health clinical trial

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Drove autonomous wheelchair gets TGA approval

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News