Zooming into the daily The Harmonic Butterfly pattern spotted on the end of a larger 3 wave corrective a,b,c , the theory of a Butterfly pattern has the buy point at the pin seen here at 6.5c which coincides nicely with the monthly open at 6.4c and no doubt for those that use stops in undervalued company's sub 6c would be that mark. Also worth noting even though the volume last week was low that price has been getting rejected off its daily lows all week and the last few days have wound up a little coil. Market depth is a little sparse to 6.5c to buy anything larger than pocket change we could hope for a retest of the monthly open mid week if this likely scenario plays out, We can also observe Gann's 90 degree's timeline from the last recent high on July 2nd it's time for a change ?
Only thing going against us right now is superstition,,,, its October
Sentiment Bullish Buy and protect 6.4c - 6.5c shields out sword in hand it's Sparta time,
(not financial advise)
PGM Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
