In the hearts of TA. I thought I would start a charting thread...

In the hearts of TA. I thought I would start a charting thread for PGM.

We'll keep this pretty lax. I'm an amateur chartist, but am slowly learning from masters such as @Zenzen and @h00ts and am more than happy for individuals to pull apart my charts or contribute their own.

So a chart for a charting thread...



The MACD is showing an upwards crossover which is a buy signal, with volume starting to slightly pickup. Bolinger bands are starting to deviate apart, which is a sign of more volitility among penny / spec stocks, and typically happens during an upward trend.



There is a current bullish reversal undertaking (three outside up), so will be good to watch over the coming week.

Thought I would also include the current Fibonacci ratios.

As you can see from the below table, we're currently above the 0 ration fib point (not sure if that's the right terminology), but the next step up is 12.1 cents - the same price we were at earlier this year.

	Ratio	Price
1	1.388200
2	0.889000
3	0.575656
4	0.453544
5	0.441256
6	0.418600
7	0.265000
8	0.217000
9	0.191656
10	0.169000
11	0.165160
12	0.146344
13	0.121000
14	0.073000
15	0.025000
16	-0.000344
17	-0.019160
18	-0.023000
19	-0.045656
20	-0.071000
21	-0.119000
22	-0.272600
23	-0.295256
24	-0.307544
25	-0.429656
26	-0.743000
27	-1.242200